Leányvállalat

A leányvállalat, often translated as a subsidiary or daughter company, is a company that is owned or controlled by another company, known as the parent company. This control is typically established through the parent company holding a majority of the subsidiary's voting stock. The subsidiary operates as a separate legal entity, meaning it can enter into contracts, incur debts, and sue or be sued in its own name. However, its strategic direction and significant decisions are ultimately influenced or determined by the parent company.

The formation of a leányvállalat can serve various strategic purposes for a parent company. These include entering new markets, diversifying business operations, isolating financial risk for specific projects, or leveraging specialized expertise within a separate entity. It allows the parent company to achieve growth and expansion without necessarily integrating all operations directly under its own corporate structure.

While a leányvállalat has its own management and operational framework, the parent company's ownership stake often dictates board appointments and major financial policies. The financial performance of the subsidiary is usually consolidated into the parent company's overall financial statements, reflecting the economic impact of the subsidiary on the parent. The legal and financial relationship between a parent and its leányvállalat is a crucial aspect of corporate governance and financial reporting.