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The Directors control a public limited company. Directors are appointed by Shareholders in AGM.

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Francesca Feil

Lvl 10
2y ago
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Wiki User

12y ago

A public limited company means the business is so successful that its is no longer limited by anything but the public. They are owned by the owners of the business; not the public.

A private limited company is likely to be a smaller business with higher risk of bankrupcy, again owned by the owners (e.g. if you start-up a lemonade stand and purchase everything with your own money; you are the owner of that lemonade stand).

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Wiki User

9y ago

A public limited business is owned by its shareholders. This business has its securities traded through stock exchanges where anyone can buy, own, and sell them.

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Q: Who owns a public limited business?
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