Public company

(redirected from Public Enterprise)
Also found in: Dictionary, Legal, Wikipedia.

Public Company

A company that has held an initial public offering and whose shares are traded on a stock exchange or in the over-the-counter market. Public companies are subject to periodic filing and other obligations under the federal securities laws.

Public Limited Company

A primarily British term for a publicly-traded company. The term derives from the facts that the company issues shares that may be bought and sold by the general public and all shareholders have limited liability.

Publicly-Traded Company

A company issuing stocks, which are traded on the open market, either on a stock exchange or on the over-the-counter market. Individual and institutional shareholders constitute the owners of a publicly-traded company, in proportion to the amount of stock they own as a percentage of all outstanding stock. Thus, shareholders have final say in all decisions taken by a publicly-traded company and its managers, especially through its annual shareholders' meeting. Publicly-traded companies have greater access to financing than other companies, as they have the ability to issue more stock. However, they are subject to greater regulation: for example, they must file 10-K reports with the SEC on their earnings and they are more likely to be subject to corporate taxes. A publicly-traded company is also called a public company.

Public company.

The stock of a public company is owned and traded by individual and institutional investors.

In contrast, in a privately held company, the stock is held by company founders, management, employees, and sometimes venture capitalists.

Many privately held companies eventually go public to help raise capital to finance growth. Conversely, public companies can be taken private for a variety of reasons.

References in periodicals archive ?
Coun McEvoy said: "The Capital Cardiff Fund is an example of public enterprise for the rest of Wales.
What that entails is that the management of public enterprises has been removed from the supervisory ministries to the NCP, which will direct the way public enterprises are to be operated.
Mark Cartnell, of Public Enterprise, said: "It happens every year - pictures of jubilant students, beaming smiles and exam slips held aloft litter the pages of every newspaper in the land.
In this worldwide policy-transition situation, policy makers need to know under what conditions privatization of the public enterprise will increase welfare.
13 /PRNewswire/ -- The Port Authority of New York and New Jersey, operating many of the busiest and most vital transportation links in the world, has selected the New York-based joint venture of two leading marketers, Active Public Enterprise Group and aXcess Partners Worldwide, to execute for the first time, a multi-year, municipal marketing and sponsorship program for the Port Authority's transportation and trade services and facilities.
In addition, the transition state requires studying public enterprise performance from many angles.
Yet the prevailing view of neoclassical economists that public enterprise is invariably less efficient than private business is open to question for a variety of reasons.
The truth is that the Departments of Public Enterprise, Environment, Finance and the Gardai Siochana are unable to stop rogue operators.
Pressure is mounting on Public Enterprise Minister Mary O'Rourke to sack Dermot O'Leary as a government-appointed board member.
Ryanair, an Irish no-frills airline, has launched a new advertising campaign that also includes a swipe at Ireland's public enterprise minister Mary O'Rourke.
Once a public enterprise is chosen for privatisation by the government, the privatisation commission has the mandate to "assume de facto interim ownership of such enterprise for the duration of the transition.
Chapter 1 poses some fundamental questions: What happens if the government decides to divest itself of a public enterprise and why?

Full browser ?