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Legal Terms-controller
n. (business law) Specifically, a person who owns shares that grant them the majority of the *voting power at a general meeting. In actuality, a director with no authority can frequently exercise effective control.
voting power—or, in the event that he can influence *proxy voting, a portion of it.
n. (business law) Specifically, a person who owns shares that grant them the majority of the *voting power at a general meeting. In actuality, a director with no authority can frequently exercise effective control.
voting power—or, in the event that he can influence *proxy voting, a portion of it.
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