Term:
Head office
Definition:

Head offices are units exercising some aspects of managerial control over its subsidiaries. Their activities include the overseeing and managing of other units of the company or enterprise; undertaking the strategic or organizational planning and decision making role of the company or enterprise; exercising operational control and manage the dayto-day operations of their related units.

Domain:
Statistical Business Registers
Source:
"System of National Accounts, 2008", United Nations, New York, 2009.
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