Corporate Linkage reflects the reporting relationships among businesses in a corporation. You can use corporate linkage to determine fiscal and legal responsibility for a corporation.
A Corporate Family includes a headquarters, subsidiary headquarters, and branch locations .
The relationships in a corporate family are modeled by two attributes on each linked place:
headquarters_id- The direct headquarters of this place in its corporate family.
ancestor_headquarters_ids- The full list of all ancestors in the corporate family.
place_type- The type of place within a corporation.
place_type values may belong to a corporate family:
|place_type||Part of corporate family?|
Yum! Brands is a top level corporation:
Taco Bell is a corporation owned by Yum Brands:
A Taco Bell branch location is owned by Taco Bell, which is owned by Yum! Brands.
Our Corporate Linkage group maintains site-specific and corporate-level data for US and Canadian public companies, private parent companies, and the Fortune 1000. We compile all subsidiary and branch locations for the entire corporate family.
All Corporations are audited every 18 months. Additionally, associates monitor real-world events and update records for mergers & acquisitions, IPOs, openings & closings, executive changes, bankruptcies, financial reports, and other pertinent transactions. Sources include company press releases, RSS feeds, email alerts, newswire services, company websites, the Security Exchange Commission, The Wall Street Journal and many more.
We do not link every legal company in existence. Only operating companies are compiled. Subsidiary corporations which do not operate are not linked. If a branch or subsidiary corporation legally reports to a non-operating corporation, Infogroup will instead link it to the next operating company in the corporate family's tree.
When one company owns a controlling share of another, it takes on the company's legal and fiscal responsibilities. Generally, our linkage does reflect legal ownership, especially when the link occurs between two levels of headquarters in a corporation.
In the case of branches linked to a headquarters, the link might only represent a marketing affiliation, or a combination of legal ownership and marketing affiliation. For instance, many corporate franchises are not owned by the parent company, and are only affiliated with the parent company by the goods and services it provides.
Our data model does not specify the type of linkage, only which places are linked, and their place type.