working control


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Working control

Control of a corporation by a shareholder or shareholders having less than 51% voting interest because of the wide dispersion of share ownership.

Working Control

The state of holding a substantial minority stake in a publicly-traded company such that one does not have outright control, but is still a major player in the company's decisions. Often, an investor is considered to have working control if he/she has at least a 20% holding in the company. One has working control because the number of voting shares gives one virtual veto power over company decisions, particularly when other stockholders are closely divided. These investors must be listed on the company's financial statements.

working control

The ownership of a sufficient amount of a firm's voting stock (not necessarily more than 50%) to determine corporate policy. Compare majority stockholder.
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The new working control valve as installed, Figure 3, (sectional elevation, Figure 4) eliminates the severe noise and vibration problems through velocity and kinetic-energy control within the valve trim at any flow.
BreitBurn continues to believe that the Quicksilver litigation is part of a campaign by Quicksilver to gain working control of the Partnership to serve its own ends.
In order to provide all limited partners with a meaningful right to vote in the election of directors and not give working control of the partnership to a single limited partner, the election provision limited the voting power of any single limited partner to 20%.
OTCBB:VOII) announced that it plans to make a stock for stock exchange offer to acquire working control of Internet America, Inc.
OTCBB:VOII) today announced that it plans to make a stock for stock exchange offer to acquire working control of Internet America, Inc.
The EndeavorEUV is a production proven sputtering system that provides engineers with tight working control of manufacturing process parameters along with the broad flexibility needed to develop the complex, low-stress, multilayer structures required to produce defect-free EUV photomasks.
Of the MI patients still working, 23% reported several periods of work-related stress, compared with 18% of controls still working: 10% of working MI patients also reported permanent work-related stress, compared with 5% of working controls.
The drag-and-drop user interface of iRise Studio MX requires no coding or scripting of any kind, so that almost anyone can assemble realistic iPhone screens with working controls and basic navigation, while more tech-savvy users can incorporate interactivity, business logic, and sample data.
Computers have been successfully working controls for years in the aviation world, where the technology is called fly-by-wire.
The cars are set on full motion platforms, and each car has five 3-D viewing screens and working controls including a four-speed shifter, brake, gas, and clutch pedals.