A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company. The definition of a parent company differs by jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction.
Read more about Parent Company: See Also
Famous quotes containing the words parent and/or company:
“Like sleep disturbances, some worries at separation can be expected in the second year. If you accept this, then you will avoid reacting to this anxiety as if it’s your fault. A mother who feels guilty will appear anxious to the child, as if to affirm the child’s anxiety. By contrast, a parent who understands that separation anxiety is normal is more likely to react in a way that soothes and reassures the child.”
—Cathy Rindner Tempelsman (20th century)
“The company of women of fashion will improve your manners, though not your understanding; and that complaisance and politeness, which are so useful in men’s company, can only be acquired in women’s.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)