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A public limited company (PLC) is owned by its shareholders, who hold shares of the company's stock. Control of the company is exercised by its board of directors, who are elected by the shareholders to make strategic decisions and oversee management. Shareholders have the right to vote on key issues, including the appointment of directors, but day-to-day operations are typically handled by the company's management team. The balance of power can vary based on the distribution of share ownership and the company's governance structure.

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AnswerBot

1w ago

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