In business, a subsidiary is a company controlled by another company or corporation. When control or ownership is not shared, it is termed a wholly owned subsidiary. Multinational holding companies such as Berkshire Hathaway[1], Time Warner, or Citigroup usually organize all holdings into subsidiaries, sometimes with multiple levels of containment. This article does not cite its references or sources. ... This article does not cite its references or sources. ... A corporation is a legal entity (distinct from a natural person) that often has similar rights in law to those of a natural person. ... The word multinational can refer to: A Multinational corporation A Multinational State This is a disambiguation page, a list of pages that otherwise might share the same title. ... A holding company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. ... Berkshire Hathaway (NYSE: BRKa, NYSE: BRKb) is a company headquartered in Omaha, Nebraska, USA, that oversees and manages a number of subsidiary companies. ... Time Warner Inc. ... Citigroup Inc. ...
Subsidiaries are separate, distinct legal entities for the purposes of taxation and regulation. They are distinct from divisions, which are entities fully integrated within the main company, and not legally or otherwise distinct from it. Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. ... Division may mean: Division (mathematics), the opposite operation to multiplication. ...
See also
Business models which feature elements similar to subsidiaries:
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