Management of Companies and Enterprises

Official definition

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.

Excluded or separately classified activities

Official Census cross-references identify activities that belong under another North American Industry Classification System (NAICS) code.

• 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;

  Depository Credit Intermediation5221

• Establishments primarily engaged in patent buying and licensing are classified in Industry 53311, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works);

  Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)53311

• 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;

  Office Administrative Services56111

• 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.

  Public Administration92