Section 8-4. Information and discussion in corporate groups
a. owns so many shares or units in another company that they represent the majority of the votes that may be cast at the general meeting or equivalent body; or b. has the right to elect or dismiss more than half of the members of the other company’s board of directors.
A company over which a parent company has such controlling influence is deemed a subsidiary. When calculating the voting rights and rights to elect or dismiss board members, the rights held by the parent company and subsidiaries of the parent company shall be included. The same applies to rights held by a party acting in their own name, but for the account of the parent company or a subsidiary. Municipalities, county municipalities, foundations and associations may be parent companies pursuant to this section.