Definition: Parent corporation

SNA 1993

A parent corporation is one, which controls more than half of the shareholders' voting power in another corporation, or is a shareholder in another corporation, with the right to appoint or remove a majority of the directors of that corporation.
Source:
United Nations, "System of National Accounts (SNA) 1993", § 4.32 and 4.33, United Nations, New York, 1993
Created:
Updated:

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