The Parent Company

A parent company is a business that owns, controls, or has significant influence over one or more other companies, called subsidiaries. It typically holds a majority of the subsidiary's shares, allowing it to direct operations and make key decisions. The parent company's role is to oversee, manage, and sometimes support its subsidiaries, which often operate in different markets or industries. This structure allows the parent to expand its reach, diversify its investments, and leverage resources across multiple businesses while maintaining overall control.