public ownership

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Public ownership

The portion of a company's stock that is held by the public.

Public Ownership

1. The ownership of a company represented by a stock that is traded on the open market, either on a stock exchange or on the over-the-counter market. Individual and institutional shareholders each have a portion of this public ownership, in proportion to the amount of stock they own as a percentage of all outstanding stock. Thus, shareholders have final say in all decisions made by the company and its managers, especially through its annual shareholders' meeting. Public ownership allows a company to have greater access to financing than other companies, as they have the ability to issue more stock. However, these companies 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.

2. Ownership of a company by the government. Command economies have a large number of companies under public ownership, but even free market economies have some degree of government involvement in this form. Many countries have public ownership of one or more companies that produce their main exports. For example, many oil-rich states have oil companies under partial or total public ownership.

public ownership

see NATIONALIZATION.
References in periodicals archive ?
However, previous studies on the relationship between state ownership and exporting have shown mixed findings.
For comparison, the average return on equity of more than 50% ownership of private property with more than 50% state ownership and ownership structure, and application of statistical techniques EVIEWS T-TEST is applied.
TDIC's 100 per cent state ownership status is mandated by law and is unlikely to change.
And if state comes out on top, let's take all the train routes back into state ownership.
But it lacks an IT industry because of its relatively poor telecommunications industry (due to state ownership and the huge distances between settlements making it very expensive) and lack of investment in IT education.
The PTB also handled the Watya property tender, which is the second biggest real property to fall into state ownership.
The issue of bringing the Senkakus under state ownership was first discussed within the Japanese government around 2004, at a time when then Prime Minister Junichiro Koizumi's visit to the war-linked Yasukuni Shrine ruffled China's feathers.
But bosses yesterday admitted merger talks had failed amid reports that the British, French and German governments couldn't agree over the level of state ownership in a combined firm.
Under state ownership, they may have been poorly run and lacklustre but at least we could all afford to use them - look at the cost of rail fares, gas and electric now
The Government took Northern Rock into state ownership in February 2008 after it collapsed during the credit crunch.
It is naturally possible to hold various discussions on how TEPCO should function,'' Gemba told a news conference amid speculation that the government is considering putting the utility under state ownership.
A USD1 billion deal to buy the cable company from Washington-based Carlyle was originally agreed in September 2009, only to fall apart when the Taipei City Government s minority ownership of Taiwan Mobile was deemed to contravene laws preventing state ownership of media companies.

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