Survey on Financing and Growth of Small and Medium Enterprises

Ownership of enterprise, category

Ownership refers to the identity of the persons or entities that own a business, and whether they are a majority owner (51% or more) or not.

Enterprise refers to the highest level of the Business Register statistical hierarchy. In alignment with the System of National Accounts, it is defined as an institutional unit that directs and controls the allocation of resources relating to its operations, and for which financial statements are maintained from which international transactions, an international investment position and a financial position for the unit can be derived. Enterprises can be corporations, quasi-corporations, institutions, or unincorporated businesses such as sole proprietors or partnerships. For incorporated enterprises, financial statements can be consolidated.

The data for this variable are reported using the following classifications and/or lists:

• Female ownership
• Legacy planning
• Majority ownership
• Method of possessing business