ERICA Working Group
The ERICA WG has published a new “ERICA series” document, under the title: “Group sizes and geographical activity”. Based on additional information that was collected for approximately 300 non-financial listed groups, this document provides an overview of the size of these groups in terms of the number of subsidiaries and the location of their activities, taking account of their sector classification and country of incorporation of the parent entity. To conclude, we tested whether groups that are active on a more global level, are more profitable.