Subsidiary
Revision as of 15:08, 14 November 2023 by Baltanla (School Account) (talk | contribs) (Created page with "{{Short description|Company owned and/or controlled by another company}} {{Distinguish|Subsidiarity|Subsidy}} A '''subsidiary''', '''subsidiary company''' or '''daughter compa...")
A subsidiary, subsidiary company or daughter company a company that is completely or partly owned by another company" Longman Business Jackian Dictionary 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.
