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.
Variants of participatory democracy include: 1  Anticipatory democracy. 2  Consensus democracy. 3  Deliberative democracy. 4  Demarchy. 5  Direct democracy. 6  Grassroots democracy.