55 Management of Companies and Enterprises

Subcategories of 55 Management of Companies and Enterprises

• 551Management of Companies and Enterprises

  Industries in the Management of Companies and Enterprises subsector include three main types of establishments: (1) those that hold the securities of (or other equity interests in) companies and enterprises; (2) those (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise but do not hold the securities of these establishments; and (3) those that both administer, oversee, and manage other establishments of the company or enterprise and hold the securities of (or other equity interests in) these establishments. Those establishments that administer, oversee, and manage normally undertake the strategic or organizational planning and decision-making role of the company or enterprise.

Frequently asked questions

What is NAICS 2022 55?

NAICS 2022 55 is "Management of Companies and Enterprises". The Sector as a Whole The Management of Companies and Enterprises sector comprises (1) establishments that hold 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 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. Establishments in this sector perform essential activities that are often undertaken in-house by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved. Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration. 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, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics, are classified in Industry 56111, Office Administrative Services.

What does NAICS 2022 55 include?

55 Management of Companies and Enterprises contains 1 direct subcategory: 551 Management of Companies and Enterprises.

How does NAICS 2022 55 map to other classification systems?

55 Management of Companies and Enterprises has equivalents in SCIAN 2018 (55). These crosswalks let you translate this code between NAICS 2022 and 1 other classification system.

What is the parent category of 55?

55 Management of Companies and Enterprises sits under 55 Management of Companies and Enterprises in the NAICS 2022 hierarchy.