Question

In what country do the three largest shareholders control, on average, about 60 percent of the shares of a public company?

a. Great Britain
b. Italy
c. United States
d. Canada

Answer 1

B, Italy

Step-by-step explanation:

In Italy, 60 percent of the shares of a public company are owned by the 3 largest shareholders. This invariably means that the decision making of public companies are mostly at the mercy of just 3 persons as against larger numbers in other countries.

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