Operational Control
/ˌɒpəˈreɪʃənl kənˈtroʊl/
Definitions
- (n.) The authority and ability to manage, direct, or influence the operations and activities of an entity, often for legal or regulatory compliance purposes.
The company established operational control over its subsidiary to ensure adherence to international trade laws.
- (n.) In corporate law, the power to make day-to-day decisions and oversee the practical functioning of an enterprise.
Operational control vested in the managing director enables swift decision-making on business matters.
Forms
- operational control
Related terms
See also
Commentary
Operational control differs from ownership; it refers to practical management authority, which may not imply legal ownership or voting control.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.