NAICS 55111—Management of Companies and Enterprises

Where 55111 sits

1. 55 Management of Companies and Enterprises
2. 551 Management of Companies and Enterprises
3. 5511 Management of Companies and Enterprises
4. 55111 Management of Companies and Enterprises

Contains 3 narrower codes

• 551111 Offices of Bank Holding Companies
• 551112 Offices of Other Holding Companies
• 551114 Corporate, Subsidiary, and Regional Managing Offices

Description

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.

Cross-references for 55111

• Establishments primarily engaged in holding the securities of companies or enterprises and operating these entities are classified according to the business operated;
• Establishments primarily engaged in holding the securities of depository banks and operating these entities are classified in Industry Group 5221, Depository Credit Intermediation;
• Establishments primarily engaged in patent buying and licensing are classified in Industry 53311, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works);
• 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 are classified in Industry 56111, Office Administrative Services;
• Establishments primarily engaged in providing a single service to other establishments of the company or enterprise, such as trucking, warehousing, research and development, and data processing, are classified according to the service provided; and
• Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration.

55111 in other systems