Concept information
Preferred term
subsidiary corporations
Definition
- A subsidiary corporation is a company that is at least 50% owned by a parent company, or holding company. A subsidiary typically has a distinct stable of products or services, and functions as a separate profit center. [Source: Encyclopedia of Health Care Management; Subsidiary Corporations]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/subsidiary_corporations
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