Corporate, Subsidiary, & Regional Managing Offices
Key Figures
Figures are published for NAICS 551114 directly.
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Official definition
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.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Illustrative examples
- Centralized administrative offices
- Head offices
- Corporate offices
- Holding companies that manage
- District and regional offices
- Subsidiary management offices
Which code does this activity belong in?
The boundary between corporate managing offices and holding companies turns on active management of operations. Code 551114 covers establishments that administer, oversee, and manage other company establishments while undertaking strategic and organizational planning. In contrast, bank holding companies classified in 551111 and other holding companies classified in 551112 primarily hold securities for ownership or influence but do not actively manage the operations of the firms whose securities they hold.