This arrangement makes venturing outside one's core industry possible and, under certain conditions, to benefit from tax consolidation, sharing of operating losses, and ease of divestiture. The legal definition of a holding company varies with the legal system. Some require holding of a majority (80 percent) or the entire (100 percent) voting shares of the subsidiary whereas other require as little as five percent. Use 'holding company' in a Sentence.
Participatory democracy is a process of collective decision making that combines. elements from both direct and representative democracy: Citizens have the power to. decide on policy proposals and politicians assume the role of policy implementation.
If you donât like a decision made by your elected officials, let them know by asking them to publically explain their decisions. James Brown is editor of the Glasgow Daily Times. He can be reached by e-mail at jbrown(at)glasgowdailytimes.com. Technically, our local forms of government are not participatory democracies. Officially, participatory democracy is direct democracy, in the sense that all citizens are actively involved in all important decisions.