noel

Parent company excercises management control over a company when it hold above 50% of equity capital. Certain important operational and financial decisions of a company need to be voted by a majority (50%) of shareholders. In certain countries a super-majority (75%) is required for certain types of company actions. But that’s a rareity. Accounting Standards require companies to consolidate their subsidiaries fully. Line by Line 100% addition. The minority interest or non-controlling interest is what the parent owe’s the minority shareholders. The term minority is no longer used.