Public company

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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 ?
Supplying the shareholders with the documents that reflect data about the transactions realized by the public enterprise
Because a public enterprise competes with independent, profit-maximizing downstream firms in the telecommunications industry, game-theoretic analysis on privatization policy in vertically mixed market should be examined.
There is also the (almost) obligatory discussion at the beginning of the book of the major arguments mainstream economists have generally used to prove that public enterprise is inherently less efficient than private, including a discussion of the principal-agent issue and the arguments associated with property rights.
Some of the national/local modes of decision-making--such as the 1950s determination to create a Soviet-style industrial sector in China, the protracted Malaysian effort to promote the indigenous Malay (or Bumiputera) interest, or the long Taiwanese use of public enterprise to support the Kuomintang regime--must also be seen as strategic.
A Public Enterprise spokesman said the major-ity of its costs was due to the flotation of Telecom Eireann, which made huge amounts of money for the state.
He said Iarnrod Eireann and the Minister for Public Enterprise should approve a passenger rail link service from Claremorris to Galway via Tuam.
O'Rourke has also indicated that she has written to staff representatives of the carrier to invite them to participate in formal discussions with the Departments of Public Enterprise and Finance on the terms of an Employee Share Option Scheme for Aer Lingus according to Reuters.
In brief, the demographic changes having taken and taking place within the state have significantly altered the population's attitude toward taxes and various other revenue-generating sources including user charges and public enterprise activities.
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.
Immediately after World War II, there was extensive nationalization in Europe, for example in the UK under the Labor Party and in France under the leftist coalition, to expand the public enterprise sector in the economy.
The public enterprise is always criticized in comparison with the private enterprise.

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