EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT (1)(2)(3)

The subsidiary companies of The Goodyear Tire & Rubber Company at March
15, 1997, and the places of incorporation or organization thereof, are:

Place of
Incorporation
Name of Subsidiary or Organization
--------------------- ------------------

All American Pipeline Company Texas
Belt Concepts of America, Inc. Delaware
Brad Ragan, Inc North Carolina
Celeron Corporation Delaware
Celeron Gathering Corporation Delaware
Celeron Trading & Transportation Company Delaware
Cosmoflex, Inc. Delaware
Divested Atomic Corporation Delaware
Divested Companies Holding Company Delaware
Divested Litchfield Park Properties, Inc. Arizona
The Kelly-Springfield Tire Corporation Delaware
Goodyear International Corporation Delaware
The Goodyear Rubber Plantations Company Ohio
Goodyear Western Hemisphere Corporation Delaware
Murphy's Inc., Sales and Service California
Wingfoot Corporation Delaware
Wingfoot Ventures Seven Inc. Delaware
Wingfoot Ventures Eight Inc. Delaware
Wingfoot Ventures Nine Inc. Delaware
Wingfoot Ventures Ten Inc. Delaware
Wingfoot Ventures Eleven Inc. Delaware

Compania Anonima Goodyear de Venezuela Venezuela
Compania Goodyear del Peru, S.A. Peru
Compania Hulera Goodyear--Oxo, S.A. de C.V. Mexico
Contred (Proprietary) Limited South Africa
Corporacion Industriales Mercurio, S.A. de C.V. Mexico
Deutsche Goodyear Holdings GmbH Germany
Deutsche Goodyear GmbH Germany
Goodyear Australia Limited Australia
Goodyear Canada Inc. Canada
Goodyear Chemicals, Europe S.A. France
Goodyear Dalian Ltd. People's Republic of China
Goodyear de Chile S.A.I.C. Chile
Goodyear de Colombia S.A. Colombia
Goodyear do Brasil Produtos de Borracha Ltda Brazil
Goodyear Broker's Limited Bermuda
Goodyear Espanola S.A. Spain
Goodyear Export, S.A. Bermuda
Goodyear Export Sales Corporation Barbados
Goodyear France (Pneumatiques) S.A. France
Goodyear Finance Holding S.A. Luxembourg
Goodyear Great Britain Limited England
Goodyear Hellas S.A.I.C. Greece
Goodyear Holding Co. Venezuela

X-21-1

Place of
Incorporation
Name of Subsidiary or Organization
--------------------- ------------------

Goodyear India Limited India
Goodyear Italiana S.p.A. Italy
Goodyear Jamaica Limited Jamaica
Goodyear Lastikleri Turk Anonim Sirketi Turkey
Goodyear Malaysia Berhad Malaysia
Goodyear Maroc S.A. Morocco
Goodyear (Nederland) B.V. Netherlands
Goodyear New Zealand, Ltd. New Zealand
The Goodyear Orient Company Pte Limited Singapore
Goodyear Portuguesa, Limited Portugal
Goodyear Philippines Inc. Philippines
Goodyear Qingdao Engineered Elastomers Company Ltd. People's Republic of China
Goodyear S.A. France
Goodyear S.A. Luxembourg
Goodyear Singapore Pte Limited Singapore
Goodyear South Africa (Proprietary) Limited South Africa
Goodyear (Suisse), S.A. Switzerland
Goodyear Taiwan Limited Republic of China
Goodyear (Thailand) Limited Thailand
Goodyear Zimbabwe (Private) Limited Zimbabwe
Gran Industria de Neumaticos Centroamericana, S.A. Guatemala
Granford Manufacturing, Inc. Canada
Gummiwerke Fulda GmbH Germany
Neumaticos Goodyear S.A. Argentina
Nippon Goodyear Kabushiki Kaisha Japan
Philippine Rubber Project Company, Inc. Philippines
P.T. Goodyear Indonesia Indonesia
P.T. Goodyear Sumatra Plantations Indonesia
S.A. Goodyear N.V. Belgium
Svenska Goodyear Aktiebolag Sweden
TC Debica S.A. Poland
Tredcor (Proprietary) Limited South Africa
Wingfoot Insurance Company Limited Bermuda
---------------

(1) Each of the 77 subsidiaries named in the foregoing list conducts its
business under its corporate name and, in a few instances, under a shortened
form of its corporate name or in combination with a trade name.

(2) Each of the 77 subsidiaries named in the foregoing list is directly or
indirectly wholly-owned by Registrant, except that in respect of each of the
following subsidiaries Registrant owns the indicated percentage of such
subsidiary's equity capital: Brad Ragan, Inc. 74.5%; Compania Goodyear del Peru
S.A., 78%; Goodyear Dalian Ltd., 75%; Goodyear India Limited, 59.9%; Goodyear
Jamaica Limited, 60%; Goodyear Lastikleri Turk Anonim Sirketi, 50.8%; Goodyear
Malaysia Berhad, 51%; Goodyear Maroc S.A., 55%; Goodyear Qingdao Engineered
Elastomers Company Ltd., 60%; Goodyear Taiwan Limited, 75.5%; Goodyear
(Thailand) Limited, 53.5%; Gran Industria de Neumaticos Centroamericana, S.A.,
75.8%; P.T. Goodyear Indonesia, 85%; Goodyear Philippines Inc., 69%; TC Debica
S.A., 50.8%; Contred (Proprietary) Limited,, 60%; Tredcor (Proprietary) Limited,
60%; and Goodyear South Africa (Proprietary) Limited, 60%.

(3) In accordance with paragraph (ii) of Part 22 of Item 601(b) of Regulation
S-K, the names of approximately 74 subsidiaries have been omitted from the
foregoing list. The unnamed subsidiaries, considered in the aggregate as a
single subsidiary, would not constitute a significant subsidiary, as defined in
the applicable regulations.

X-21-2