public ownership

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Related to State-owned: Government ownership

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 ?
Although Oman government had indicated plans for divesting stakes in several state-owned firms, the whole process was slow and several companies are yet to announce a proper plan for the disinvestment programme.
He said the listing of state-owned firms will require them to disclose information.
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Majlis Speaker Ali Larijani also weighed in, ordering the Supreme Court to report on what the executives of state-owned firms and organizations are being paid.
Stable or positive outlooks for China, India, Indonesia, Malaysia, New Zealand, Korea and the Philippines mean the ability of the concerned governments to support their state-owned power utilities, if and when needed, will not weaken materially over the next 12 to 18 months, Moody's said.
Let us jointly build a state-owned Indonesian conglomerate that can compete internationally and professionally to make the country proud," she said while delivering a speech at the signing of a memorandum of understanding by several state-owned companies, locally known as BUMNs, here on Thursday.
A central feature of the industrial revolution in China over the last two decades is the decline of the state-owned sector.
In particular, the state-owned Refueling Complex Manas delivered 614 million som ($11.
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Those that have an illegally put up building on a state-owned land and are now legalizing their houses have no documents certifying their ownership of the land.

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