Subsidiary, Branch, Affiliate, Division, or Joint Venture
indicates a resource for which access is restricted to current Rensselaer students, faculty and staff, and walk-in users of the Libraries. Accessing databases off-campus requires using your RCS ID and password to log in.
- Parent - A company that operates and controls other
separately chartered businesses.
Example: Hershey Co (Hershey, PA) is the parent company of Y & S Candies (Lancaster, PA).
- Subsidiary: An organization with stock that is over 50%
owned by another company, the parent company.
Example - Dagoba Organic Chocolate (Ashland, OR) is a subsidiary of Hershey Chocolate and Confectionary Company (Hershey, PA).
- Branch - A secondary location of a business. A branch
carries the parent company name and reports to the company
Example: GE Commercial Finance of Puerto Rico (Branch) - (San Juan, PR)
- Affiliate - A separately chartered business whose shares
are owned by one or more companies, with the level of
ownership by any one company generally less than 50
Example: C&T Corporation - (Seoul, Korea (South) is an affiliate of Samsung Group Seoul,Korea (South).
- Division - A separate operating unit of a corporation. A
division may have its own officers, but it is not
incorporated and does not issue stock. Divisions often have a
commonly known business name that is different from the
parent company name.
Example: GE Industrial - Plaineville, CT (Division) of General Electric Company - Fairfield, CT
- Joint Venture - A business in which 2 or more companies
share responsibility and ownership.
Example: DuPont Performance Elastomers LLC (Joint Venture) - Wilmington, DE
Use the following databases to find a Subsidiary, Branch, Affiliate, Division, or Joint Venture.