Subsidiary

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Subsidiary

Subsidiary or Subordinate Election Management Body in Election Law

An Election Management Body (EMB) that is not the primary or principal entity responsible for the organisation of elections within a given state. It may be regional or local.

Subsidiary in International Trade

Meaning of Subsidiary, according to the Dictionary of International Trade (Global Negotiator): A company controlled by another company, called parent company, usually through ownership of, at least, 50 per cent of its shares, or through other organizational or managerial agreement. There are several different types of relationship that a subsidiary company may have with a parent company. In one type of relationship, the parent company is a holding company, meaning that its primary function is to control other firms rather than to engage in business of its own. The holding company owns the majority of in the subsidiary. If the parent company owns all the stock, then the subsidiary is a wholly-owned subsidiary. The formation of a subsidiary company may be of benefit to a multinational corporation that wants to adapt its business to work within the legal parameters of a specific country. Forming a subsidiary is often less expensive than merging with another company. In addition, a subsidiary retains its branding, which may have irreplaceable market value, and maintaining a subsidiary rather than merging can limit liability in a risky venture due to the separation of corporate identities. See holding company; parent company; sister company.

Resources

See Also

  • Enterprise
  • Joint Enterprise
  • Joint Venture

Resources

See Also

  • Election Law
  • Electoral Laws
  • Electoral Legislation

Hierarchical Display of Subsidiary

Business And Competition > Business organisation > Company structure > Establishment
Business And Competition > Business classification > Type of business > Multinational enterprise
Business And Competition > Business organisation > Economic concentration > Shareholding > Joint subsidiary

Subsidiary

Concept of Subsidiary

See the dictionary definition of Subsidiary.

Characteristics of Subsidiary

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Translation of Subsidiary

Thesaurus of Subsidiary

Business And Competition > Business organisation > Company structure > Establishment > Subsidiary
Business And Competition > Business classification > Type of business > Multinational enterprise > Subsidiary
Business And Competition > Business organisation > Economic concentration > Shareholding > Joint subsidiary > Subsidiary

See also

  • Subsidiary company

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