Parent company
Parent company is another name for a holding company. A parent company will often have control over many subsidiaries.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Parent company. Another name for a holding company. A parent company will often have control over many subsidiaries.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
