Limited Controlling Party
Definition
Limited Controlling Party. Some individual entity which is able to direct the affairs of some business organization to a specific degree.
Issues and Challenges
The degree to which the party has control of (is able to direct the activities of) the organization in question is defined as a percentage value where one hundred percent would equate to control without the involvement of others. The percentage of control is a calculated, determined or asserted value, and not necessarily a percentage of some controlling interest, though in the absence of other factors the determination of percentage of control would equate to the percentage of controlling interest e.g. voting shares held.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/BE/OwnershipAndControl/ControlParties/index-en.html + |
