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A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager.
What Is a Conglomerate? A conglomerate is a corporation of several different, sometimes unrelated, businesses. In a conglomerate, one company owns a controlling stake in several smaller...
A group structure is created when a company (directly or indirectly) owns one or more other company. The company at the top of the structure is called a parent or holding company and can have several subsidiaries beneath it.
Creating a group of companies can give you the freedom to pull separate channels of the same market together for a bigger overall share.
An affiliate is a business with a parent company that only possesses a stake of less than 50% ownership of the company. A subsidiary is a business whose parent company is a majority shareholder.
By definition, parent companies own one or more separate corporations, known as subsidiaries. Sister companies are subsidiaries that are related because they're owned by the same parent company.
A group of companies is a set of companies linked to each other by a relationship of control, direction and coordination by a parent company, called in some cases a holding company.
This working paper presents a comparative overview of the regulation of groups in company law. It also discusses how different corporate governance codes make recommendations on issues relevant to the boards in company groups.
noun [ C ] uk us. Add to word list. → group. (Definition of group of companies from the Cambridge Business English Dictionary © Cambridge University Press) Examples of group of companies. group of companies. Both serve at different positions within the family group of companies. From. Wikipedia.
This is a list of notable corporations headquartered, current and historically, in New York City, New York. The table is arranged alphabetically by company, but can also be sorted by industry. This is a dynamic list and may never be able to satisfy particular standards for completeness.