public ownership

(redirected from Government 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.

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 ?
They also may benefit from continued government ownership, because the government will be committed to maintaining the telecommunications company's financial strength and stability.
In the first group alone, there is a net reduction of nearly a half million square feet of office space and two lease transactions are recommended for government ownership.
Previously, Brainworks were promoters of the project as regulations needed government ownership in capital markets, NIEEF was roped in.
WASHINGTON, April 30 /PRNewswire/ -- The chairmen and chief executive officers of the Lockheed (NYSE: LK) and Martin Marietta corporations today urged Congress to adopt a policy prohibiting foreign government ownership of U.
The AW Airline 25" covers carriers whose government ownership does not exceed 50 percent.
Arab Advisors Group's analysis reveals that "the vast majority of the countries covered, still have full government ownership of the operational terrestrial TV channels," Miss Abdulhadi added.
government ownership of our defense industry has been determined not to be in the best interests of our country," Augustine and Tellep said.
After two years under government ownership, and following an injection of approximately $400 million, the institution was privatized toward the end of 1996.
policies on foreign investment in telecommunications companies like VoiceStream, including investment by companies with government ownership, are sound and ensure protection of American interests.
There he acquired extensive experience in financial operations, being particularly in charge of the company's transition from Government ownership and subsequent listing on the Paris Stock Exchange.
Lufthansa shed its government ownership and became a fully independent publicly traded enterprise in 1997.
While no explicit governmental support is factored into the ratings on TPSA, government ownership does provide the company with substantial financial flexibility.

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