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  1. Subsidiary - Wikipedia › wiki › Subsidiary

    From Wikipedia, the free encyclopedia Not to be confused with Subsidiarity or Subsidy. A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two subsidiaries that belong to the same parent company are called sister companies.

  2. Subsidiary - Simple English Wikipedia, the free encyclopedia › wiki › Subsidiary

    From Simple English Wikipedia, the free encyclopedia A subsidiary is a company that is controlled by its parent company. Even though a subsidiary works on its own, and its purposes are different from that of its parent company, the parent company is in control of its subsidiary.

  3. Subsidiarity - Wikipedia › wiki › Subsidiarity
    • Political Theory
    • General Principle of European Union Law
    • External Links

    Alexis de Tocqueville's classic study, Democracy in America, may be viewed as an examination of the operation of the principle of subsidiarity in early 19th century America. Tocqueville noted that the French Revolution began with "a push towards decentralization ... in the end, an extension of centralization".He wrote that "Decentralization has, not only an administrative value, but also a civic dimension, since it increases the opportunities for citizens to take interest in public affairs; it makes them get accustomed to using freedom. And from the accumulation of these local, active, persnickety freedoms, is born the most efficient counterweight against the claims of the central government, even if it were supported by an impersonal, collective will." As Christian Democratic political parties were formed, they adopted the Catholic social teaching of subsidiarity, as well as the neo-Calvinist theological teaching of sphere sovereignty, with both Protestants and Roman Catholics agre...

    Subsidiarity is perhaps presently best known as a general principle of European Union law. According to this principle, the Union may only act (i.e. make laws) collectively where independent action of individual countries is insufficient without equal action by other members. The principle was established in the 1992 Treaty of Maastricht. However, at the local level it was already a key element of the European Charter of Local Self-Government, an instrument of the Council of Europe promulgated in 1985 (see Article 4, Paragraph 3 of the Charter) (which states that the exercise of public responsibilities should be decentralised). Subsidiarity is related in essence to, but should not be confused with, the concept of a margin of appreciation. Subsidiarity was established in EU law by the Treaty of Maastricht, which was signed on 7 February 1992 and entered into force on 1 November 1993. The present formulation is contained in Article 5(3) of the Treaty on European Union (consolidated ve...

    The Assembly of European Regions' Subsidiarity is a wordmovement, demanding recognition in dictionaries worldwide
    "Subsidiaritaet" in the Lexikon der sozialoekologischen Marktwirtschaft
  4. Subsidiary — Wikipedia Republished // WIKI 2 › en › Subsidiary
    • Details
    • Tiered Subsidiaries
    • Control
    • Business Models Which Feature Elements Similar to Subsidiaries
    • See Also

    Sub­sidiaries are sep­a­rate, dis­tinct legal en­ti­ties for the pur­poses of tax­a­tion, reg­u­la­tion and li­a­bil­ity. For this rea­son, they dif­fer from di­vi­sions, which are busi­nesses fully in­te­grated within the main com­pany, and not legally or oth­er­wise dis­tinct from it. In other words, a sub­sidiary can sue and be sued sep­a­rately from its par­ent and its oblig­a­tions will not nor­mally be the oblig­a­tions of its par­ent. How­ever, cred­i­tors of an in­sol­vent sub­sidiary may be able to ob­tain a judg­ment against the par­ent if they can pierce the cor­po­rate veiland prove that the par­ent and sub­sidiary are mere alter egos of one an­other, there­fore any copy­rights, trade­marks, and patents re­main with the sub­sidiary until the par­ent shuts down the sub­sidiary. One of the ways of con­trol­ling a sub­sidiary is achieved through the own­er­ship of shares in the sub­sidiary by the par­ent. These shares give the par­ent the nec­es­sary votes to de­ter­mine th...

    In de­scrip­tions of larger cor­po­rate struc­tures, the terms "first-tier sub­sidiary", "sec­ond-tier sub­sidiary", "third-tier sub­sidiary" etc. are often used to de­scribe mul­ti­ple lev­els of sub­sidiaries. A first-tier sub­sidiary means a sub­sidiary/daugh­ter com­pany of the ul­ti­mate par­ent company, while a sec­ond-tier sub­sidiary is a sub­sidiary of a first-tier sub­sidiary: a "grand­daugh­ter" of the main par­ent company.Con­se­quently, a third-tier sub­sidiary is a sub­sidiary of a sec­ond-tier sub­sidiary—a "great-grand­daugh­ter" of the main par­ent com­pany. The own­er­ship struc­ture of the small British spe­cial­ist com­pany Ford Com­po­nent Sales, which sells Ford com­po­nents to spe­cial­ist car man­u­fac­tur­ers and OEM man­u­fac­tur­ers, such as Mor­gan Motor Com­pany and Cater­ham Cars,il­lus­trates how mul­ti­ple lev­els of sub­sidiaries are used in large cor­po­ra­tions: 1. Ford Motor Company – U.S. parent company based in Dearborn, Michigan 1.1. Ford Inter...


    The word "con­trol" and its de­riv­a­tives (sub­sidiary and par­ent) may have dif­fer­ent mean­ings in dif­fer­ent con­texts. These con­cepts may have dif­fer­ent mean­ings in var­i­ous areas of law (e.g. cor­po­rate law, com­pe­ti­tion law, cap­i­tal mar­kets law) or in ac­count­ing. E.g., while Com­pany A may not be re­quired to un­dergo merger con­trol when pur­chas­ing shares in Com­pany B (be­cause it is deemed to al­ready con­trol it under com­pe­ti­tion law rules), the same Com­pany A...

    European Union

    Recital 31 of Di­rec­tive 2013/34/EUstip­u­lates that con­trol should be based on hold­ing a ma­jor­ity of vot­ing rights, but con­trol may also exist where there are agree­ments with fel­low share­hold­ers or mem­bers. In cer­tain cir­cum­stances, con­trol may be ef­fec­tively ex­er­cised where the par­ent holds a mi­nor­ity or none of the shares in the sub­sidiary. Ac­cord­ing to Ar­ti­cle 22 of the di­rec­tive 2013/34/EU an un­der­tak­ing is a par­ent if it: 1. has a majority of the shareh...

    United Kingdom

    The Com­pa­nies Ac­t2006 con­tains two de­f­i­n­i­tions: one of "sub­sidiary" and the other "sub­sidiary un­der­tak­ing". Ac­cord­ing to s.1159 of the Act a com­pany is a "sub­sidiary" of an­other com­pany, its "hold­ing com­pany", if that other com­pany: 1. holds a majority of the voting rights in it, or 2. is a member of it and has the right to appoint or remove a majority of its board of directors, or 3. is a member of it and controls alone, pursuant to an agreement with other members, a m...

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  6. Subsidiary right - Wikipedia › wiki › Subsidiary_right

    From Wikipedia, the free encyclopedia A subsidiary right (also called a subright or sub-lease) is the right to produce or publish a product in different formats based on the original material.

  7. subsidiary - Wiktionary › wiki › subsidiary

    Mar 13, 2021 · subsidiary (plural subsidiaries) A company owned by a parent company or a holding company, also called daughter company or sister company. (music) A subordinate theme. One who aids or supplies; an assistant.

  8. Dell - Wikipedia › wiki › Dell_(subsidiary)

    Dell and its subsidiary, Alienware, compete in the enthusiast market against AVADirect, Falcon Northwest, VoodooPC (a subsidiary of HP), and other manufacturers. In the second quarter of 2006, Dell had between 18% and 19% share of the worldwide personal computer market, compared to HP with roughly 15%.

    • February 1, 1984; 37 years ago
    • Subsidiary
  9. Subsidiary alliance - Simple English Wikipedia, the free ... › wiki › Subsidiary_alliance

    From Simple English Wikipedia, the free encyclopedia Subsidiary alliance is a system developed by the East India Company by Lord Wellesley. It solved the problem of ruling a nation which is under the rule of a king. Some of the rules of the subsidiary alliance were:

  10. Subsidiary Definition - › terms › s
    • What Is A Subsidiary?
    • How A Subsidiary Works
    • Subsidiary Financials
    • Benefits and Drawbacks to Subsidiaries
    • Real World Example of Subsidiaries

    In the corporate world, a subsidiary is a company that belongs to another company, which is usually referred to as the parent company or the holding company. The parent holds a controlling interest in the subsidiary company, meaning it has or controls more than half of its stock. In cases where a subsidiary is 100% owned by another firm, the subsidiary is referred to as a wholly owned subsidiary. Subsidiaries become very important when discussing a reverse triangle mortgage.

    A parent company buys or establishes a subsidiary to provide the parent with specific synergies, such as increased tax benefits, diversified risk, or assets in the form of earnings, equipment, or property. Still, subsidiaries are separate and distinct legal entities from their parent companies, which reflects in the independence of their liabilities, taxation, and governance. If a parent company owns a subsidiary in a foreign land, the subsidiary must follow the laws of the country where it is incorporated and operates. However, given their controlling interest parent companies often have considerable influence with their subsidiaries. They—along with other subsidiary shareholders, if any—vote to elect a subsidiary company's board of directors, and there may often be a board-member overlap between a subsidiary and its parent company. The purchase of an interest in a subsidiary differs from a merger: The purchase usually costs the parent corporation a smaller investment, and sharehol...

    A subsidiary usually prepares independent financial statements. Typically, these are sent to the parent, which will aggregate them—as it does financials from all its operations—and carry them on its consolidated financial statements. In contrast, an associate company's financials are not combined with the parents. Instead, the parent registers the value of its stake in the associate as an asset on its balance sheet. As is common practice and per the Securities and Exchange Commission (SEC), public companies should generally consolidate all majority-owned firms or subsidiaries. Consolidationis typically seen as a more meaningful method of accounting than providing separate financials for a parent company and each of its subsidiaries. For example, eBay reported total revenue on its consolidated income statement, for the year ended Dec. 31, 2017, totaling US$9.6 billion. The e-commerce firm notes in the annual report that the individual domestic and consolidated subsidiary, StubHub, ge...

    There are advantages and disadvantages to the subsidiary structure. Subsidiaries can contain and limit problems for a parent company. Potential losses to the parent company can be limited by using the subsidiary as a kind of liability shield against financial losses or lawsuits. Entertainment companies often set individual movies, or TV shows up as separate subsidiaries for this reason. The subsidiary structure can also offer tax advantages: They may only be subject to taxes in their state or country, versus having to pay for all the parent's profits. Subsidiaries can be the experimental ground for different organizational structures, manufacturing techniques, and types of products. Fashion-industry companies often have a variety of brands or labels, each set up as a subsidiary. (For related reading, see "Understanding Subsidiary vs. Sister Company") However, subsidiaries also have a few drawbacks. Aggregating and consolidating a subsidiary's financials make a parent's accounting mo...

    Public companies are required by the SEC to disclose significant subsidiaries under Item 601 of Regulation S-K. Warren Buffett's Berkshire HathawayInc., for example, has a long and diverse list of subsidiary companies, including Dairy Queen, Clayton Homes, Business Wire, GEICO, and Helzberg Diamonds. Berkshire Hathaway's acquisition of many diverse firms follows with Buffett's oft-discussed strategy of buying undervalued assets and holding onto them. In return, acquired subsidiaries can often continue to operate independently while gaining access to broader financial resources. An exhibit to Berkshire's annual filing for the year ended Dec. 31, 2018, reveals that the firm owns upward of 270 subsidiaries. Like Berkshire Hathaway, Alphabet Inc. has many subsidiaries. These separate business entities all perform unique operations that add value to Alphabet through diversification, revenue, earnings, and research and development (R&D). For example, Sidewalk Labs, a small startup that is...