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.
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.
The simulator combines dozer working controls and instrumentation-including the Advisor Monitoring System--hat operate identically to systems in the actual machine.