Subsidiary

1.An American MNC which has a subsidiary at India employs a French person as the CEO to the subsidiary, the Frenchman employed is 2.Thornton, Inc.needs to invest five million Nepalese rupees in its Nepalese subsidiary to support local operations.Thornton would3.Saller Co.has a subsidiary in Mexico.The expected cash flows in pesos to be received in the future from this subsidiary have not4.A decentralized management style, where subsidiary managers make the relevant decisions regarding their subsidiary, may result i5.Livingston Co.has a subsidiary in Korea.The subsidiary reinvests half of its net cash flows into operations and remits half to t6.If the parent company owns 90% of the subsidiary company's outstanding common stock, the company should generally accoun7.Subsidiary refers to a company that is owned or controlled by another larger company, i.e. parent company.