Term of the Day holding company Type of business organization - TopicsExpress



          

Term of the Day holding company Type of business organization that allows a firm (called parent) and its directors to control or influence other firms (called subsidiaries). This arrangement makes venturing outside ones core industry possible and, under certain conditions, to benefit from tax consolidation, sharing of operating losses, and ease of divestiture. The legal definition of a holding company varies with the legal...
Posted on: Wed, 07 Jan 2015 19:53:05 +0000

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