Sep 29, 2011 23:24
12 yrs ago
7 viewers *
Spanish term

persona física dominante

Spanish to English Bus/Financial Accounting
¿cómo se puede traducir el término dominante en esta expresión?

"dominant natural persons"???

Se presumirá, salvo prueba en contrario, que existe influencia significativa cuando la empresa o una o varias empresas del grupo incluidas las entidades o personas físicas dominantes, posean, al menos, el 20 por 100 de los derechos de voto de la otra sociedad.

Gracias

Proposed translations

3 hrs

significant individual

incluidas las entidades o personas físicas dominantes = including significant entities or individuals

Significant, NOT controlling.
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+1
9 hrs

dominant individual (and legal entity shareholders)

or

dominant legal and natural person shareholders.

The word here is actually dominant, see for example

MEANING OF “DOMINANT
SHAREHOLDER”
 Whether term restricted to persons holding over
50% of voting shares.
 It includes a shareholder with largest block of
shares, associates or minority shareholders with
special arrangements giving rise to effective
corporate control.
http://www.businessinsightcaribbean.com/documents/1066.pdf

OECD principles of corporate governance - Google Books Result
books.google.co.uk/books?isbn=9264015973...
Organisation for Economic Co-operation and Development, Organisation for Economic Co-operation and Development. Steering Group on Corporate Governance - 2004 - Business & Economics - 66 pages
A dominant shareholder has considerable powers to appoint the board and the ... such as particular creditors can also exercise significant influence. ...

[PDF]
14 December 2010 Sir David Tweedie Chairman International ...
www.aossg.org/.../AOSSG_submission_on_Consolidation_14-Dec-...
File Format: PDF/Adobe Acrobat - Quick View
14 Dec 2010 – “dominant shareholder” exerting control without a majority of equity interest (the .... (ii) Blurring the line between control and significant influence ...

Corporate Governance Board Practices: Incentives and Governing Risks - Google Books Result
books.google.co.uk/books?isbn=9264113533...
OECD - 2011 - Business & Economics - 144 pages
B) is also highly relevant, particularly in cases where the dominant shareholder exercises significant influence over the remuneration setting process. ...

etc.

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Note added at 9 hrs (2011-09-30 09:03:26 GMT)
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In North America a “Dominant Shareholder” is defined as an individual, family, privately-held firm, or a government that controls at least 10% of the voting rights of the entity.
At first glance a shareholding of 10% in an entity that gives the owner a dominant position seems rather strange. However, when it is recognized that the shares of most of the large public companies in North America are so widely-held then it is becomes extremely difficult for an investor to control a sizeable portion of any one entity’s shares or voting rights.

http://www.businessinsightcaribbean.com/documents/1072.pdf
Peer comment(s):

agree Richard Hill : looked into it last night, and this is it
8 hrs
Thanks Rich.
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