tütarettevõteteks

Tütarettevõteteks refers to subsidiary companies. A subsidiary is a company that is owned or controlled by another corporation, known as the parent company or holding company. The parent company typically owns a majority of the subsidiary's stock, giving it control over the subsidiary's operations and management.

The formation of subsidiaries is a common strategy in corporate finance and business organization. It allows a parent company to diversify its operations, isolate risk, and manage different business lines more effectively. For instance, a large conglomerate might have separate subsidiaries for its banking, manufacturing, and technology divisions. This structure can protect the parent company from liabilities incurred by individual subsidiaries.

Subsidiaries can operate autonomously, with their own management teams and boards of directors, although ultimate control rests with the parent company. The relationship between a parent and its subsidiary is governed by legal agreements and ownership stakes. This corporate structure is prevalent across many industries and is a fundamental aspect of modern corporate governance. The term "tütarettevõteteks" specifically denotes the plural form, indicating multiple subsidiary companies.