2002 NAICS Definitions
551 Management of Companies and Enterprises

551 Management 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 decisionmaking role of the company or enterprise.

5511 Management of Companies and Enterprises

55111 Management of Companies and Enterprises

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 decisionmaking role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.

Cross-References.

• 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;
• 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.

551111 Offices of Bank Holding Companies

This U.S. industry comprises legal entities known as bank holding companies 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 of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.

Cross-References. Establishments primarily engaged in--

• Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold--are classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and
• Holding the securities of depository banks and operating these entities--are classified in Industry Group 5221, Depository Credit Intermediation.

Go to:

No change 1997 to 2002

2002 NAICS to 1987 SIC

1997 Economic Census

Bridge Between 1997 NAICS and SIC

2002 NAICS	1997 NAICS	1987 SIC	Corresponding Index Entries
551111	551111	6712	Bank holding companies (except managing)
551111	551111	6712	Holding companies, bank (except managing)

551112 Offices of Other Holding Companies

This U.S. industry comprises legal entities known as holding companies (except bank holding) 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 of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.

Cross-References. Establishments primarily engaged in--

• Holding the securities of (or other equity interests in) depository banks for the purpose of owning a controlling interest or influencing the management decisions of these firms--are classified in U.S. Industry 551111, Offices of Bank Holding Companies;
• Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold--are classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and
• Holding the securities of companies or enterprises and operating these entities--are classified according to the business operated.

Go to:

No change 1997 to 2002

2002 NAICS to 1987 SIC

1997 Economic Census

Bridge Between 1997 NAICS and SIC

2002 NAICS	1997 NAICS	1987 SIC	Corresponding Index Entries
551112	551112	6719	Agreement corporation (except international trade financing)
551112	551112	6719	Financial holding companies
551112	551112	6719	Holding companies (except bank, managing)
551112	551112	6719	Insurance holding companies
551112	551112	6719	Nonbank holding companies (except managing)
551112	551112	6719	Personal holding companies
551112	551112	6719	Public utility holding companies

551114 Corporate, Subsidiary, and Regional Managing Offices

This U.S. industry comprises establishments (except government establishments) primarily engaged in administering, overseeing, and managing other establishments of the company or enterprise. These establishments normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise. Establishments in this industry may hold the securities of the company or enterprise.

Cross-References.

• Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration;
• Legal entities known as bank holding companies that do not administer, oversee, and manage other establishments of the companies or enterprises whose securities they hold are classified in U.S. Industry 551111, Offices of Bank Holding Companies; and
• Legal entities known as holding companies(except bank holding) that do not administer, oversee, and manage other establishments of the companies or enterprises whose securities they hold are classified in U.S. Industry 551112, Offices of Other Holding Companies.

Go to:

No change 1997 to 2002

2002 NAICS to 1987 SIC

1997 Economic Census

Bridge Between 1997 NAICS and SIC

2002 NAICS	1997 NAICS	1987 SIC	Corresponding Index Entries
551114	551114		Centralized administrative offices
551114	551114		Corporate offices
551114	551114		District and regional offices
551114	551114		Head offices
551114	551114		Holding companies that manage
551114	551114		Subsidiary management offices

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Page Last Modified: May 06, 2003