public ownership


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Related to public ownership: Private 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 ?
the market So public ownership seems to have a new lease of life.
A survey by Survation found that 68% of Liberal Democrat voters want the East Coast Main Line to remain in public ownership.
Despite this, public ownership remains the form that dare not speak its name, and its reappearance in the bailouts and government rescues of the financial crisis has constituted a return of the repressed.
Campaigners will hand out postcards calling on MPs to "put people before profits" and return railways to public ownership.
The Independent Panel on Forestry, set up after the outcry prompted by the bid to dispose of public woodlands to businesses, communities and charities, said the estate should remain in public ownership as land held in trust for the nation.
Public ownership in Allied Bank, controlled by Lucio Tan, is below the minimum 10 percent required by the Philippine Stock Exchange (PSE).
RURAL affairs minister Elin Jones said yesterday she is committed to future public ownership of the Welsh national forest.
Lembit Opik, MP for Montgomeryshirs e, urged the party to consider bringing rail services back under public ownership after a "litany of failures" by the private sector.
Summary: Public ownership transfer of companies and economic corporations with the cooperation of C[pounds sterling]joint efforts groupC[yen] in Gordon organized this lecture.
Public ownership of Oregon's rivers and their banks is as old as Oregon itself: It dates to the Admission Act of 1859.
In the event that the bank is taken into public ownership, then I would go in on day one as executive chairman," Sandler said in comments carried on The Daily Telegraph's website.

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