public ownership

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Related to Government ownership: Government Owned Corporations

Public ownership

The portion of a company's stock that is held by the public.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

public ownership

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Finally, until recently, discussions on ownership have centred around government ownership of their development priorities, which donors subsequently support.
1949 Responses mentioned by at least 5 percent of adults Government ownership or control, government ownership of utilities, everything controlled by government, state control of business 34% Equality, equal standing for everybody, 12 all equal in rights, equal distribution Modified communism 6 Don't know/no response 36 Note: Open-ended question.
New Delhi, [India], Sept 26 ( ANI ): The Union Cabinet chaired by the Prime Minister Narendra Modi on Wednesday approved the increasing of government ownership in Goods and Services Tax Network (GSTN) and change in the existing structure with transitional plan.
Most previous studies of government ownership focus on comparing corporate performance before and after privatization and the economic development function of government ownership; the role of government ownership in firm performance from the viewpoint of corporate governance is rarely explored.
Moody's views the probability of government support being provided to DBSA in the event of need as high, based on (1) its development mandate and strategic importance in terms of policy implementation; (2) DBSA's 100 per cent government ownership with no medium term plans to divest its stake; and (3) the government's commitment for a capital injection and lack of any legal barriers for DBSA's timely support.
Section 6 further analyzes the effects of turnover rate, government ownership percentage, audit services and the exchange where the firm is listed on foreign ownership percentage.
* In this study, the operational and financial differences of hospitals were assessed by geographical area and by various levels of government ownership.
Omantel has offered 142.5 million shares or 19 per cent of government ownership in the company.
After the rights issue, government ownership will be reduced to around 60 percent," said Pujobroto, Garuda's VP Corporate Communications.
There were two previous sales of mortgage-style loans in 1998 and 1999 and those remaining in Government ownership are mostly either in deferment or in arrears, so total annual repayments are low.
"Arab Advisors Group's analysis reveals that the majority of the eighteen covered countries still have full government ownership of the operational terrestrial TV channels," commented Ms.
"Democratic capitalism" encourages both producers and consumers to opt for government ownership of resources.

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