6-digit U.S. detail
551114
Corporate, Subsidiary, and Regional Managing Offices
Description
This U.S. industry comprises establishments (except government establishments) primarily engaged in administering, overseeing, and managing other establishments of the company or enterprise. These establishments normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. Establishments in this industry may hold the securities of the company or enterprise. Illustrative Examples: Centralized administrative offices Head offices Corporate offices Holding companies that manage District and regional offices Subsidiary management offices
Hierarchy
| Code | Title | Description |
|---|---|---|
| 55 | Management of Companies and Enterprises 2-digit sector | The Sector as a Whole The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise. Establishments in this sector perform essential activities that are often undertaken in-house by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved. Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration. Establishments primarily engaged in providing a range of day-to-day office administrative services for other companies or enterprises on a contract or fee basis, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics, are classified in Industry 56111, Office Administrative Services. |
| 551 | Management of Companies and Enterprises 3-digit subsector | Industries in the Management of Companies and Enterprises subsector include three main types of establishments: (1) those that hold the securities of (or other equity interests in) companies and enterprises; (2) those (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise but do not hold the securities of these establishments; and (3) those that both administer, oversee, and manage other establishments of the company or enterprise and hold the securities of (or other equity interests in) these establishments. Those establishments that administer, oversee, and manage normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. |
| 5511 | Management of Companies and Enterprises 4-digit industry group | Industries in the Management of Companies and Enterprises subsector include three main types of establishments: (1) those that hold the securities of (or other equity interests in) companies and enterprises; (2) those (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise but do not hold the securities of these establishments; and (3) those that both administer, oversee, and manage other establishments of the company or enterprise and hold the securities of (or other equity interests in) these establishments. Those establishments that administer, oversee, and manage normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. |
| 55111 | Management of Companies and Enterprises 5-digit NAICS industry | This industry comprises (1) establishments primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise. |
| 551114 | Corporate, Subsidiary, and Regional Managing Offices 6-digit U.S. detail | This U.S. industry comprises establishments (except government establishments) primarily engaged in administering, overseeing, and managing other establishments of the company or enterprise. These establishments normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. Establishments in this industry may hold the securities of the company or enterprise. Illustrative Examples: Centralized administrative offices Head offices Corporate offices Holding companies that manage District and regional offices Subsidiary management offices |
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Classification References
- 01Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration;
- 02Legal entities known as bank holding companies that do not administer, oversee, and manage other establishments of the companies or enterprises whose securities they hold are classified in U.S. Industry 551111, Offices of Bank Holding Companies;
- 03Legal entities known as holding companies (except bank holding) that do not administer, oversee, and manage other establishments of the companies or enterprises whose securities they hold are classified in U.S. Industry 551112, Offices of Other Holding Companies; and
- 04Establishments primarily engaged in providing a range of day-to-day office administrative services for other companies or enterprises on a contract or fee basis are classified in Industry 561110, Office Administrative Services.
Index Items
Centralized administrative offices
Corporate offices
District and regional offices
Head offices
Headquarters offices
Holding companies that manage
Subsidiary management offices
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