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Finance: What is a parent company? 0 Views
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Description:
A parent company is a legal entity created as a corporation to own and control the smaller companies within its purview. Yup. Sounds like a parent.
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
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Transcript
- 00:00
Finance allah shmoop What is a parent company All right
- 00:07
Well it's a human cloning stamping corporation which produces organic
- 00:11
robots that will in fact have live human babies Okay
- 00:15
no just kidding on that one it's coming someday But
- 00:18
this is not what it is Ah parent company is
Full Transcript
- 00:21
essentially the owner The fiduciary the legal entity created as
- 00:26
a corporation to control the quote Children unquote companies inside
- 00:32
of their broad tent What does that mean Well what
- 00:35
time is it No How do you do the times
- 00:37
in half an hour Time warner is the parent company
- 00:41
Its children are things like hbo turner broadcasting warner brothers
- 00:47
The walt disney corporation is the parent company of children
- 00:50
Are things like espn One two three four five six
- 00:53
seven eight nine or whatever Up to now Abc network
- 00:57
Lucas film You know star wars marvel alphabet that's the
- 01:03
parent company here or it's Children who come over for
- 01:06
thanksgiving and argue with us Google adsense ex labs nexus
- 01:11
youtube Okay you get it The parent is essentially the
- 01:14
holding company which owns controls manipulates abuses and generally it's 00:01:19.724 --> [endTime] up it's children which is every parent's primary responsibility
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