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Tuesday, May 16, 2023

05-15-2023-2324 - subsidary, types of business entity, legal entities, managment of organizations, administration, bureaucracy, good standing, division, business, conglomerate, company, holding company, etc. (draft)

A subsidiary, subsidiary company or daughter company[1][2][3] is a company owned or controlled by another company, which is called the parent company or holding company.[4][5] Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary will be required to follow the laws where it is headquartered and incorporated. It will also maintain its own executive leadership.

The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way.[6] Examples of holding companies are Berkshire Hathaway,[7] Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. 

https://en.wikipedia.org/wiki/Subsidiary

https://en.wikipedia.org/wiki/Category:Types_of_business_entity

https://en.wikipedia.org/wiki/Category:Legal_entities

 

Administration may refer to:

Management of organizations

Other uses

See also

 

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