JAMB - Commerce (2019 - No. 23)
A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______
Subsidiary
Syndicate
Holding Company
Parent company
הֶסבֵּר
A parent company is a single company that has a controlling interest in another company or companies. It owns and controls more than 50% of the outstanding voting shares of another company.