answersLogoWhite

0


Best Answer

Public Corporation - There are there on behalf of people.

Public companie -They are there for people to use

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

Public companies are those businesses owned by individuals (and not by a government). If a public company is a corporation whose stock is traded on a stock exchange it is said that the stock is publicly traded or that the company is a publicly-traded corporation.

Public sector refers to government-owned organizations and government-provided services.

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

A public company is listed on a stock exchange, and usually has widely dispersed shareholders (but that doesn't exclude having a few dominant shareholders).

A public sector company is not listed on a stock exchange, and has all its shares owned by the government.

This answer is:
User Avatar

User Avatar

Wiki User

16y ago
Answer

The stock of a public company is traded openly in the stock market - anyone can buy some stock in a public company. A private company is usually owned by a small group of individuals and is not available for sale to the public.

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

I think that the short answer to your question is probably a non-legalese answer, specifically, a private company, usually a corporation, limited liability company or one of the many types of partnerships, even a sole proprietorship is "privately owned." While the shares may be held by one (in some circumstances) or many, even unrelated people, they are not publicly offered for sale.

Conversely, a publicly held company, more likely to be a "C" corporation ("C" is a tax designation vs. "S: which if more often used by smaller corporations which allows tax treatment as if company were a partnership, but that is completely different question) which is publicly sold and traded in a Stock Market.

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

Private Shares can only be purchased by people inside the company such as employees and those connected like board members, family of employees even. Public Shares are open to the public to purchase from anywhere like you would buy shares online or through a trader. A company has to be of certain size and capital to become a public traded company, a company can not just decide to become publicly traded, many businesses try and are denied.

Hope this helps

A company may sell shares to any investor, inside or outside the company, using an exemption, such as a Regulation A or Regulation D Exemption, to the Securities Act of 1933.

To become publicly traded, there are no size or capital requirements. The company and its shares must be registered with the SEC under both the Securities Act of 1933 and the Securities Exchange Act of 1934 and must have a Market Maker willing to perform a 15c2-11 process.

This answer is:
User Avatar

User Avatar

Wiki User

13y ago

PUBLIC COMPANY:

It is handed over by the goverments.

PRIVATE COMPANY:

It can be by their own and came up.

This answer is:
User Avatar

User Avatar

Glenn Muma Anye

Lvl 2
2y ago

[object Object]

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between a public company and private company?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Difference between public and private cmpany?

A public company is an entity that is traded on the stock market. You can buy and sell shares in a public company. A private company does not offer shares to the public.


What is the difference between a limited company any a P.L.C.?

a public limited company can offer to sell shares to the public where as a private limited company can not. The other differences between PLC and LTD is that a private company is quoted on stock exchange where as a public limited company is not quoted on stock exchange.


What is the difference between a public and a private company?

The public library can use anyone who is the part of society. It is also called open library. Where a private library is the library where there are restrictions on who can use the books. Private library belongs to a university, museum, college and school. A private library may be a person's personal library.


Difference between Ltd and Plc?

i think Ltd is private limited company and Plc is public limited company


The difference between private and public administration?

Public is open, private is closed.


What is the important difference between public and private administration?

Public is the opposite of private.


What is the difference between a private and a public security officer?

A public security officer works for a public agency like the Police Department. A private security officer works for a private company to ensure tha objects or information important to the company are not stolen, and to contl the entries to the company spaces, etc.


What is the difference between a private placement and private equity?

A private statement is only used by a company if it is incapable of raising money through conventional public markets. A private equity is cash that is intended to convert a company into a privately held company.


What is the difference between public and private sectors aims and objectives?

private anf public


Difference between privatization reverse merger?

Privatization is the incidence or process of transferring ownership of business from the public sector to the private sector. An example of this could be when a private equity firm conducts a leveraged buyout (LBO) to turn a publicly traded company private. A reverse merger is the acquisition of a public company by a private company to bypass the lengthy and complex process of going public. Essentially, a public shell will acquire a private operating company and thus take the private company public.


Difference between public company and listed company?

what is the differences between public company and listed company


Difference between public and private?

a private company, is a company or group of companies owned by a single person or a group of people (share holders), they collect its profit based on an understanding they have. a public company is usually a listed company or a government owned company, where its profit are usually collected by the government.