Term:
Indirect control
Definition:
Indirect control means that a parent unit has control over a sub unit (sub-subsidiary) through one or many other subsidiaries. Indirect control does not require the parent unit to own a majority of an integrated shareholding in the capital share of the sub-subsidiaries.
Domain:
Statistical Business Registers
Source:
European Commission, Eurostat, "Foreign AffiliaTes Statistics (FATS) Recommendations Manual", Methodologies and Working papers, Publication Office of the European Union, Luxembourg, 2012.
