In principal-principal conflicts (conflicts between controlling shareholders and minority shareholders), the ownership (of equity) is widely dispersed (5-20% is considered “concentrated ownership”). controlled almost completely by management.concentrated; often greater than 50% of equity is controlled by controlling shareholders. often held by employee stock ownership programs.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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In principal-principal conflicts (conflicts between controlling shareholders and minority shareholders), the ownership (of equity) is

widely dispersed (5-20% is considered “concentrated ownership”).

controlled almost completely by management.concentrated;

often greater than 50% of equity is controlled by controlling shareholders.

often held by employee stock ownership programs.

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