Compensation Glossary

Controlled Groups

Usually refers to a group of corporations. One is known as the 'parent' company and owns a stock interest in at least one (if not more) other corporations, known as 'subsidiaries'. May also be a 'brother- sister' type association, whereby two or more corporations are owned by the same person or groups of persons. A controlled group may also consist of a combination of the two types of groups (in which case it is known as a 'combined controlled group').