This ontology defines concepts relating to corporation-specific control. These concepts are based on the general types of control (both de facto control and controlling interests), as defined in the ControlParties ontology, and are the specific examples of these concepts as they apply to companies incorporated by the issuance of shares.
Corporate Control Ontology
has a party which directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with the company
has affiliate
relates an organization to another recognized as its ultimate parent, within its country or jurisdiction of incorporation, if it has one
has domestic ultimate parent
relates an organization to another recognized as its ultimate parent, if it has one
has global ultimate parent
relates a company to an organization that has a majority ownership and control over it, i.e., its parent organization, if there is one
has majority controlling interest party
relates a company to one of its majority-owned subsidiaries, i.e., a subsidiary of which it owns more than 50 percent (50 percent plus one share) of the outstanding shares
has majority owned subsidiary
relates a company to one of its subsidiaries, that is an affiliae controlled by the company directly, or indirectly through one or more intermediaries
has subsidiary
relates a legal person to a company in which the party holds fifty percent or more of the controlling voting rights
holds majority controlling voting rights in
relates a legal person to a company in which the party holds a significant proportion of the controlling voting rights
holds significant controlling voting rights in
relates a legal person to a company in which that party holds some controlling voting rights
holds some controlling voting rights in
relates a company to an organization that has 100 percent ownership and control over it
is wholly owned by
an affiliate of, or a person affiliated with, a specific person is a person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the person specified
affiliate
a company over which another organization has some degree of control by way of ownership of voting shares
controlled company
an organization that is recognized as the ultimate parent of a given company within the country or jurisdiction of incorporation; this relationship may or may not be present, i.e. in the case of a company that has no parent
domestic ultimate parent
an organization that is recognized as the ultimate parent of the company; this relationship may or may not be present, i.e. in the case of a company that has no parent
global ultimate parent
a party in the role of joint venture partner to some venture
joint venture partner
a subsidiary which is not a wholly owned subsidiary
non-wholly owned subsidiary
over fifty percent controlling interest company
a company that owns a significant voting stake in another company
significant shareholding company
subsidiary
an organization having 100 percent ownership one or more organizations it holds voting shares in
total controlling interest company
a party owning voting shares in some company limited by the issue of shares
voting shareholder
a holding of some voting share
voting shareholding
a formal business organization that holds voting shares in some incorporated company
voting shareholding company
wholly owned subsidiary
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Copyright (c) 2013-2016 EDM Council, Inc.
Copyright (c) 2013-2016 Object Management Group, Inc.
http://www.omg.org/techprocess/ab/SpecificationMetadata/MITLicense
CorporateControl.rdf
fibo-be-oac-cctl
This ontology defines concepts relating to corporation-specific control. These concepts are based on the general types of control (both de facto control and controlling interests), as defined in the ControlParties ontology, and are the specific examples of these concepts as they apply to companies incorporated by the issuance of shares.
The http://www.omg.org/spec/EDMC-FIBO/BE/20131101/OwnershipAndControl/CorporateControl.rdf version of this ontology was modified per the issue resolutions identified in the FIBO BE 1.0 FTF report.
http://www.omg.org/spec/EDMC-FIBO/FND/
http://www.omg.org/spec/EDMC-FIBO/BE/LegalEntities/LegalPersons/
http://www.omg.org/spec/EDMC-FIBO/BE/LegalEntities/FormalBusinessOrganizations/
http://www.omg.org/spec/EDMC-FIBO/BE/LegalEntities/CorporateBodies/
http://www.omg.org/spec/EDMC-FIBO/BE/Corporations/Corporations/
http://www.omg.org/spec/EDMC-FIBO/BE/OwnershipAndControl/OwnershipParties/
http://www.omg.org/spec/EDMC-FIBO/BE/OwnershipAndControl/ControlParties/
http://www.omg.org/spec/EDMC-FIBO/BE/OwnershipAndControl/CorporateOwnership/
http://www.w3.org/standards/techs/owl#w3c_all
http://www.omg.org/spec/ODM/
has a party which directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with the company
relates an organization to another recognized as its ultimate parent, within its country or jurisdiction of incorporation, if it has one
In the case of companies that are subsidiaries of another company that itself has a parent, this identifies the organization at the top of the hierarchy of organizations in the country of registration. Adapted from consensus definition of Ultimate Parent, now that this is split into national and global parent.
consensus definition of ultimate parent, with the split between domestic and global parent
relates an organization to another recognized as its ultimate parent, if it has one
In the case of companies that are subsidiaries of another company that itself has a parent, this identifies the organization at the top of the hierarchy, world-wide. Adapted from consensus definition of Ultimate Parent, now that this is split into national and global parent.
consensus definition of ultimate parent, with the split between domestic and global parent
relates a company to an organization that has a majority ownership and control over it, i.e., its parent organization, if there is one
This is defined as company or other Formal Organization which owns a controlling stake of greater than 50 percent (50 percent plus one voting share or above) in this company.
relates a company to one of its majority-owned subsidiaries, i.e., a subsidiary of which it owns more than 50 percent (50 percent plus one share) of the outstanding shares
relates a company to one of its subsidiaries, that is an affiliae controlled by the company directly, or indirectly through one or more intermediaries
relates a legal person to a company in which the party holds fifty percent or more of the controlling voting rights
relates a legal person to a company in which the party holds a significant proportion of the controlling voting rights
relates a legal person to a company in which that party holds some controlling voting rights
relates a company to an organization that has 100 percent ownership and control over it
an affiliate of, or a person affiliated with, a specific person is a person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the person specified
a company over which another organization has some degree of control by way of ownership of voting shares
an organization that is recognized as the ultimate parent of a given company within the country or jurisdiction of incorporation; this relationship may or may not be present, i.e. in the case of a company that has no parent
an organization that is recognized as the ultimate parent of the company; this relationship may or may not be present, i.e. in the case of a company that has no parent
a party in the role of joint venture partner to some venture
This is part of ongoing work - legal definitions sought.
a subsidiary which is not a wholly owned subsidiary
a company that owns a significant voting stake in another company
The restrictions defined herein extend the definition of stock corporation to link it to external entities that hold shares in it.
parent company
an organization having 100 percent ownership one or more organizations it holds voting shares in
By virtue of holding 100 percent of the share ownership, the total controlling interest company also holds 100 percent of the controlling equity, if there is a difference. Therefore, it is both a total owner and a total controlling party.
a party owning voting shares in some company limited by the issue of shares
a holding of some voting share
a formal business organization that holds voting shares in some incorporated company