answersLogoWhite

0

A PLC stands for Public Limited Company. A PLC is a company owned by shareholders, normally the business will be owned by two people minimum. PLC is also limited liability so this means shareholders are only responsible

For the company's debts up to the value of their shareholding. Examples of PLC businesses are Tesco, marks spencer and Vodafone. A lot of big companies go for PLC because unlike a private limited, a PLC is able to advertise the sale of shares and sell them to the members of the general public though the stock exchange. Also in PLC the accounts are available to anyone and are usually large business. The sector would be private and the profit would go to the shareholders. A main Public limited company business that we would know is NatWest.

User Avatar

Wiki User

11y ago

What else can I help you with?