NAICS Code 55111 - Management of Companies and Enterprises

Industry Sector

Management of Companies and Enterprises

Total Companies

11,548

Est. Employment

3,380,437

Description

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 the 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.

Cross-References

For some business types, there may be a similar industry to NAICS Code 55111 - Management of Companies and Enterprises that is a better classification match. Establishments primarily engaged in:
  • 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 NAICS Code - 5221 - Depository Credit Intermediation.
  • 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 classifiedaccording to the service provided
  • Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in NAICS Code - 92 - Public Administration..

Companies

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