Management of Companies and Enterprises

Management of Companies and Enterprises (NAICS #55111)

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 the 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 decisionmaking role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise. 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 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.