company which controls one or more secondary companies (secondary companies are called daughter companies)
A holding company is a
company that owns part, all, or a majority of other companies'
outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies. Holding companies allow the reduction of
risk for the owners and can allow the ownership and control of a number of different companies. Eighty percent or more of voting stock must be owned before tax consolidation benefits such as tax-free
dividends can be claimed.
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A company that controls subsidiaries through its ownership of voting
stock, as well as running its own business.
n. บริษัทแม่ (syn. headquarter)
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