Name That Subsidiary
A friend of mine in DC sent word about a neat new website where you can learn about the subsidiaries of multinational corporations. The site features international search, detailed listing of each corporation and its subsidiaries, and an embedded google map to show where they are incorporated.
From their about page:
CrocTail provides an interface for browsing information about several hundred thousand U.S. publicly traded corporations and their foreign subsidiaries. Information from company filings with the U.S. Securities and Exchange Commission (SEC) has been parsed and annotated by CorpWatch to provide a way for Crocodyl.org users to research and add issues related to corporate subsidiaries. CrocTail also serves as a demonstration of the features and data available through the CorpWatch API.
The website also gives summaries of news stories about subsidiaries behaving badly when the information is available. For example, Coca Cola India Ltd appears to have dangerous levels of pesticides in their products, and they have been cited for dumping hazardous waste into the Ganges River.
This is a people-powered project, so jump on in there if you want to get involved. Work to be done includes uncovering hidden layers of ownership that escape SEC filings as well as associating news of corporations behaving badly with the right subsidiary / parent company.
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