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In public corporations, ownership is dispersed among shareholders who own shares of the company's stock. Shareholders elect a board of directors to oversee the corporation on their behalf. Ultimately, the shareholders have ownership rights, but they delegate decision-making to the board of directors.
What else can I help you with?
Which type of corporations are those owned by the general public?
public corporations
How do corporations work?
Corporations are companies that are owned by shareholders. Each person is an owner.
What are the characteristics of a public corporation?
Public corporations issue securities
How can a closely held company go public?
I do not believe it can. Private corporations can co go public but closely held corporations may not.
Should corporations be allowed to access the teenage market in public schools?
Should corporations be allowed to access the teenage market in public schools?
What are the two types of corporations?
From the standpoint of stock sale, there are two kinds of corporations: public and private.
Who do public corporations file financial reports with?
state
What is true of private corporations?
They are not owned by the general public
Is true of private corporations?
They are not owned by the general public
What are the characteristic of a corporation?
Public corporations issue securities
What of the following is true of public corporations?
they are owned by the public through the selling of share on an exchange A+
What of the following is true of private corporations?
they are not owned by the general public A+
