Search results
People also ask
Is it a brother company or a sister company?
What is the difference between a parent company and a sister company?
What is the difference between a subsidiary and a sister company?
Why does a parent company give a sister company more independence?
Sep 11, 2011 · This came up recently on programmers.SE, when someone (a Russian, presumably non-native English speaker) asked why we used the term "sister sites", instead of "brother sites". Of course, I'm a native English speaker, and I have no idea either, hence this question.
- Usage and origin of "sister" in expressions like "sister ...
'Brother company' - or 'brother (anything)' - would almost...
- Usage and origin of "sister" in expressions like "sister ...
- Subsidiary
- Sister Company
- Blurring The Lines
- The Bottom Line
A subsidiary may either be a preexisting corporation that a parent company acquires, or it may be an entity that a parent company creates anew, in order to broaden its consumer base. Sometimes referred to as daughter companies, subsidiaries function as independent legal entities, rather than as divisions of a parent company.Interestingly, it is the...
Sister companies are subsidiaries that are related to one another by virtue of the fact that they share a common parent entity. Each sister company operates independently from the others, and in most cases, they produce unrelated product lines. In rarer cases, sister companies are direct rivals who operate in the same space. In such situations, aft...
As a company grows into a conglomerate, the divisions between its subsidiaries and its sister companies may grow fuzzy. For example, while multimedia giant Viacom Inc. counts Viacom Media Networks as a subsidiary, Viacom Media Networks’ underlying array of cable channels, including Nickelodeon, BET, and Spike, are considered sister companies.By own...
Subsidiaries and sister companies are two separate concepts. While a subsidiary may be owned in part or wholly by a parent company, a sister company will be an affiliate of a parent that owns two or more companies under the same corporate umbrella.
Jan 24, 2017 · 'Brother company' - or 'brother (anything)' - would almost certainly be considered incorrect (in English). There's no logical reason why it should be incorrect, only historical. You're right that the first usage of "sister (object)" was probably for ships. I can't find anything earlier.
Sep 4, 2023 · A sister company is a separate legal entity that shares the same parent company as another business. Unlike a subsidiary, a sister company operates independently and has its own...
May 31, 2011 · In English, "a sister company" is a company that shares the same owners or parent company with another company, isn't it? Don't you say "a brother company" to mean the same thing? (I wondered about this because we say "a brother company" in Japanese.)
Aug 18, 2024 · Subsidiaries and sister companies are considered separate, independent legal entities, instead of divisions of a single company. This allows the parent company to limit its liability. If sister companies are in different locations from the parent company, there may also be certain benefits, such as a lower tax rate.
Aug 18, 2024 · You can refer to another company as a sister company if the same parent organization owns both entities, whereas you can refer to a company as a subsidiary if a parent organization owns it. Here's a list of some key differences that result from these organizational relationships:
