Difference between revisions of "Parent Company"
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Revision as of 17:06, 25 February 2019
A parent company is a company that has a controlling interest in another company, giving it control of its operations. Parent companies can be either hands-on or hands-off owners of its subsidiaries, depending on the amount of managerial control given to subsidiary managers.[1]
References
- ↑ Definition: What is a Parent Company? Investopedia