Publicly owned corporation
Publicly owned corporation is a corporation in which the stock is owned by a large number of investors, most of whom are not active in management.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Publicly owned corporation. Corporation in which the stock is owned by a large number of investors, most of whom are not active in management.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Publicly owned corporations. A corporation that is owned by a relatively large number of individuals who are not actively involved in the firm's management.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
