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

References in periodicals archive ?
REIT proponents have long been saying that while the initial 40 percent minimum public ownership rule applicable during the first three years of a REIT's operation is acceptable to the private sector, the increase to 67 percent by the third year- which would require a significant mandatory sell-down by the REIT sponsor-is generally not acceptable.
He said: "It would be cost neutral because you would be bringing into public ownership an asset.
Public ownership was the inspiration of the old Tees and Hartlepool Port Authority and its inspiration is needed still.
Currently 10,600 people have signed the petition set up by We Own It, an antiprivatisation pressure group, which said: "If our railway was run in public ownership, we'd save PS1.
Brown and the rest of the Land Board should take a deep breath, push pause on the disposal process and allow the time required for a public ownership outcome.
Labour took it into public ownership, the service improved, passenger satisfaction increased and it made PS1billion profit for the taxpayer over nine years.
Public ownership could fund a 10 per cent cut in fares.
Mr Corbyn's words on public ownership, meanwhile, were seized on by Ms Cooper who said Labour did not need a return to "the days of British Leyland" - the nationalised car manufacturer which became a byword for shoddy products and industrial strife.
The leadership contender says he would bring the railways back into public ownership and re-regulate the buses.
The wave of nationalisation following the Second World War created citadels of public ownership outside the Soviet bloc that represented a standing affront to the New Right then emerging from the shadows into the era of mass politics.
It is after an expert panel called for the 258,000 hectares of woodland to remain in public ownership.
PH) has said that it will not be selling more shares to the public in order to comply with minimum public ownership rules, due to its proposed merger with Philippine National Bank (PNB).

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