FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/Rt2AOEEvMbhpF3f4NlujBU
Label Subsidiary
Preferred Label N/A
Identifier N/A
Alternative Labels
Affiliate Controlled Company Daughter Company Subordinate Entity

Definition

A Subsidiary is a company that is owned or controlled by another company, known as the parent company or holding company. The parent company holds a controlling interest in the subsidiary, typically through ownership of more than 50% of its voting stock, allowing it to influence the subsidiary's management and operations.

Examples

  • Audi AG: A subsidiary of Volkswagen Group, specializing in luxury automobiles.
  • Instagram, LLC: A subsidiary of Meta Platforms, Inc., focusing on photo and video sharing.
  • Warner Bros. Entertainment Inc.: A subsidiary of Warner Bros. Discovery, engaged in the film and entertainment industry.
  • YouTube, LLC: A subsidiary of Alphabet Inc., operating as a video-sharing platform.

Class Relationships

Is Defined By

N/A

See Also

Parent Class Of 0

  • None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available