So what happens if you have 22% of a company that owns 55% of a joint venture? I don't _think _ you actually get to take a decision on 22% of the 55%, do you? T

So what happens if you have 22% of a company that owns 55% of a joint venture? I don't _think _ you actually get to take a decision on 22% of the 55%, do you? The 22% company's board would probably get together, decide on a single vote for the 55% percentage and your ownership would not be useful in decision making?