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 ?
Of particular importance was why each side viewed the municipal ownership question as significant.
Burke warned his fellow citizens that municipal ownership only worked so long as a purely democratic government existed.
But Schuette revealed a more telling misapprehension about municipal ownership at the end of his remarks when he warned against change, an implication that the current social order was best.
Lloyd Frank Velicer, Municipal Ownership and the Manitowoc, Wisconsin Socialists.
The story of municipal ownership in Manitowoc is summarized nicely in Lloyd Frank Velicer, Municipal Ownership and the Manitowoc, Wisconsin Socialists, Occupational Monograph, no.
The municipal ownership idea was planted when the cities [of Port Arthur and Fort William] were mere villages: it has developed with the rising generation of children; it has become almost hereditary.
Why did Port Arthur residents turn decisively to the municipal ownership of urban services in the 1890s?
In sum, the accountability feature of Ontario municipal law, coupled with a convergence of local interests under the rubric of boosterism, convinced Port Arthur residents to embrace the municipal ownership idea.
Hence, it is essential that the character of social relations in Port Arthur be established in order to comprehend why municipal ownership took hold to the degree it did prior to World War 1.
Share participation in the construction of an apartment building for further purchase of apartments in municipal ownership
this contract is intended to provide the municipal emergency service throughout the municipality of san javier, Consisting of developing areas of intervention in emergencies, Surveillance and rescue beaches and swimming pools of municipal ownership and support staff own services of the city council, All within the framework set forth in law 17/2015, Of the national civil protection system and following the guidelines of the civil protection unit.
Service of the day center santa clara, located in c / llus besa, 7 of lleida, of municipal ownership and with registration number in the register of establishments, services and social establishments of the generalitat de catalunya, in the services and establishments section of attention to older people s09008 and that has 20 places.

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