international industry 55111
Management of Companies and Enterprises
Overview
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.
The immediate parent of international industry 55111 is industry group 5511: Management of Companies and Enterprises
2022 NAICS Edition Cross References
- 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.
Descendants
History
The NAICS editions in which this code was present are indicated below. In the event that a code was changed from the prior edition the equivalent value in that edition is provided for reference.
| Edition | Existed | Equivalent Value |
|---|---|---|
| 2002 | 55111 | |
| 2007 | 55111 | |
| 2012 | 55111 | |
| 2017 | 55111 | |
| 2022 | 55111 |
Standard Industrial Classification (SIC) Mappings
SIC Mappings are not available at the international industry level, a more specific code is required.
SIC mappings are available for 6 digit national industry codes and their sub-descriptions only. For detailed mappings choose the most appropriate six-digit code from the list of descendants.
Insurance Industry Mappings
Mappings are not available at the international industry level, a more specific code is required.
Insurance industry mappings are available for 6 digit national industry codes and their sub-descriptions only. For detailed mappings choose the most appropriate six-digit code from the list of descendants.
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