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 ?
For years, the champions of state ownership justified the huge losses of Cyprus Airways by arguing that a country dependent on tourism needed its own national carrier.
Those hoping that Jeremy will deliver a soft Brexit need to think again, as he has never believed in the EU and needs a hard Brexit in order to re-introduce state ownership.
Worsening inequality brought about by the unbalanced growth is further compounded by stubborn state ownership in an authoritarian market economy, such as behemoth state-owned enterprises and their unconstrained rent-seeking behavior, endemic corruption, and vested interests.
Keywords State ownership * Institutional environment * Government effectiveness * Export intensity * Emerging economies
Early in 1998, the effect of ownership structure on the performance of Russian industrial companies investigated the positive effect of state ownership and private ownership to the manufacturers to see he found that most of these changes are due to the positive effect of property management and employees.
They are happy to have state ownership of our railways as long as it "This is right wing Tory dogma being put ahead of the best interests of the service, consideration for passengers and the public finances.
13 ( ANI ): Chinese leaders have promised that markets would play a leading decisive role in allocating resources, and added that state ownership would remain a pillar of the economy, following the closed-door "Third Plenum" meeting.
MINISTERS opposing state ownership of British power stations unless the states are Communist China and Socialist France exposes expensive contradictions in yesterday's PS16billion nuclear deal.
We can see now that actually the Conservatives are in favour state ownership, just not UK state ownership.
The government is due to unveil a reform package on Thursday, May 9, but investors are doubtful of its willingness and ability to push through the necessary spending cuts and reductions in the level of state ownership in the economy.
TDIC's 100 per cent state ownership status is mandated by law and is unlikely to change.
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.

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