Which of the following has the ultimate control of a company?
FINANCIAL
JAMB 2023
Which of the following has the ultimate control of a company?
- A. board of directors
- B. employees
- C. shareholders
- D. management
Correct Answer: C. shareholders
Explanation
The ultimate controller, refers to the shareholder who has the ultimate control in the company and is not controlled by anyone. This ownership structure often results in a certain level of control between the ultimate controller and the listed company.
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