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.
Making the world better, one answer at a time. Direct democracy is the governing of a people BY the people. All members of a group, rather than representatives, meet to make decisions, observing political equality and majority rule.An example of direct or participatory democracy would be a town meeting.aking the world better, one answer at a time. Direct democracy is the governing of a people BY the people. All members of a group, rather than representatives, meet to make decisions, observing political equality and majority rule.