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EVE New Citizens Q&A

 
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What is holding corp and what for?
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enduser Tsero
Deep Core Mining Inc.
Caldari State
#1 - 2014-04-18 05:29:44 UTC
Hi, I'm about to join a corp, and would be in allianced corp.

And found that there are some alliance with their holding corp.

So, What does it for? is it worth to make?

I don't get it, so explain me. Thanks!
ShahFluffers
Ice Fire Warriors
#2 - 2014-04-18 06:44:17 UTC
A "Holding Corp" is a a corporation populated only by THE MOST trusted people (or their alt characters) in an alliance. It generally has all the major equipment and money in it so no one can steal it... and tends to have all the administrative permissions for an alliance so no one can disband everything.

And yes... people are THAT paranoid in EVE (with good reason).

How did you Veterans start?
Silvetica Dian
Imperial Shipment
Amarr Empire
#3 - 2014-04-18 15:04:39 UTC
For instance.
During the fountain war a major problem for TEST was people altering their timers page (so they turned up at the wrong time or not at all), structures needed to claim sov in a captured system mysteriously not onlining or transfered to the enemy etc.
This happened time and again and it turned out that an entire corp in TEST was ex CFC and in fact only there to cause this sort of havoc.
Security at corp and alliance level is serious business as spies, thieves and awoxxers can cause huge problems for the poorly prepared.
In addition an alliance of say 10 corps that pools assets on any level / uses sov etc needs to limit the people that can mess with these things but also in a way that lets each corp have joint ownership of these things. A holding corp that contains 1 alt from each corp (usually a CEO /director level) allows every corp access but in a fair way.

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85
Lost Greybeard
Drunken Yordles
#4 - 2014-04-19 06:25:58 UTC
Holding corporation isn't an Eve term, it's a general finance term.

A holding corporation is a corporation that doesn't produce any goods or services itself, but exists only as a sort of "meta-corporation" to own and manage stock in other corporations/ventures, i.e. its only function is to "hold" capital ownership.

In Eve terms this typically manifests as a corporation whose sole purpose is to contain the roles of the metaphorical board of directors for an alliance, holding:

-- The alliance name
-- The ability to disband the alliance
-- The ability to add/remove corps from the alliance
-- Control of alliance permissions (who can access alliance-tagged assets)
-- Control of war-decs (in high-sec)
-- Alliance notifications and messages

etc. The members of the holding corp (or, rather, their primary alts) usually hold positions of authority and give directions/set policy or outright ARE the leaders of the subsidiary corporations.

Most frequently for smaller alliances, the sole character in the holding corp is the alt of the figurative "CEO" or "CFO" of the alliance.

From your perspective as a producing member, the main difference between the holding corp and the other alliance corps is that there's no reason for you as an individual to want to join it.
Sabriz Adoudel
Move along there is nothing here
#5 - 2014-04-19 13:37:28 UTC
I have also heard the term used to refer to a Corp that new members of a Corp are put in for a week or three until they are demonstrated to not be likely to be AWOXers.

I support the New Order and CODE. alliance. www.minerbumping.com
enduser Tsero
Deep Core Mining Inc.
Caldari State
#6 - 2014-04-23 15:37:23 UTC
Thx for all of the answers!