Sector Description
The Sector as a Whole
The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage 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.
Establishments in this sector perform essential activities that are often undertaken in-house by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved.
Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration. Establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics, are classified in Industry 56111, Office Administrative Services.
IBISWorld Industry Research Report
Management of Companies and Enterprises in the US (55)
Revenue 2004
$132bn
Growth 2004
4.00%
Products and Services
NAICS Hierarchy 55 - Management of Companies and Enterprises
NAICS Code 55 - Management of Companies and Enterprises sits in the 2-digit Management of Companies and Enterprises sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 55
Sector Title: Management of Companies and Enterprises
3 Digits 4 Digits 5 Digits 6 Digits
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5511 Management of Companies and Enterprises
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55111 Management of Companies and Enterprises
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NAICS Resources
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NAICS Code Directory
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