Public company: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Link with Public limited company page.)
imported>Doug Williamson
(Update.)
 
(8 intermediate revisions by the same user not shown)
Line 1: Line 1:
1.  
1. ''UK''.


Public companies may - subject to complying with certain conditions - be allowed to offer their shares or other securities for sale to the public or to a section of the public. 
Public limited company.
 
To protect the public, public companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies.




Line 10: Line 8:
The term 'public company' is also used informally to refer to a company whose shares are already listed on an exchange and held by members of the public.   
The term 'public company' is also used informally to refer to a company whose shares are already listed on an exchange and held by members of the public.   


More strictly however, such a company is a 'listed company' and the use of the term 'public company' in this sense should be eschewed.
More strictly however, such a company is a 'listed company' and the use of the term 'public company' in this sense should be avoided.




== See also ==
== See also ==
* [[Limited company]]
* [[Listed company]]
* [[Listed company]]
* [[Private company]]
* [[Private company]]
* [[Private sector]]
* [[Public]]
* [[Public bond]]
* [[Public bond]]
* [[Public limited company]]
* [[Public limited company]]
* [[Public sector]]
* [[Public to private deal]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Latest revision as of 14:12, 25 February 2023

1. UK.

Public limited company.


2.

The term 'public company' is also used informally to refer to a company whose shares are already listed on an exchange and held by members of the public.

More strictly however, such a company is a 'listed company' and the use of the term 'public company' in this sense should be avoided.


See also