The phrase "constituent companies" refers to individual companies that are part of a larger organization or group. These companies make up the whole entity and each has its own role and function within the organization.
Sentences with «constituent companies»
Constituent companies are chosen based on their score on two sets of measures: a quantitative assessment consisting of their return on equity, balance sheet accruals ratio and financial leverage ratio; and a qualitative score derived from management's responses to a survey about such topics as corporate governance, risk and crisis management, customer relationships and tax strategies. (canadianbusiness.com)
Following a disciplined investment process focused on collaborative yet accountable decision - making, analysts study global industries to understand their competitive structures, assess the long - term risks and fair values of their constituent companies, and recommend those with high fundamental business quality and durable growth prospects. (amgfunds.com)
Like index mutual funds, ETFs are designed to mimic the performance of a specified index by investing in the constituent companies included in that index. (hsbc.ca)