Publicly owned corporation
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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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
