A Corporate Group refers to a collection of parent and subsidiary companies that operate under a unified corporate structure. The parent company typically holds a controlling interest in the subsidiaries, allowing it to influence their operations and strategic decisions. This structure can enhance efficiency, reduce costs, and provide access to a broader range of resources. Corporate groups can take various forms, including conglomerates, which consist of companies in unrelated industries, and vertical groups, where companies operate at different stages of production. This organizational model allows for diversification and risk management, as well as potential tax benefits and improved market reach.