Open corporations, also known as publicly traded companies, are those whose shares are traded on public stock exchanges. Examples include major companies like Apple Inc., Microsoft Corporation, and Amazon.com, Inc. These corporations are required to disclose financial information to the public and are governed by regulatory bodies, ensuring transparency and accountability to shareholders.
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A small batch corporation is a corporation that produce goods and services in a low volume. Examples would include restaurants or medical offices (doctors, dentists, vets)
A close corporation, also known as a privately held corporation, has a limited number of shareholders and is not publicly traded, meaning its shares are often owned by a small group of individuals, such as family members or friends. In contrast, an open corporation, or publicly traded corporation, offers its shares to the public on stock exchanges, allowing for a larger number of shareholders and greater liquidity. Additionally, close corporations often have fewer regulatory requirements and more flexibility in management compared to open corporations, which must adhere to strict reporting and governance standards.
Corporation
An open corporation, also known as a public corporation, allows its shares to be traded publicly on stock exchanges, enabling anyone to buy or sell shares. In contrast, a closed corporation, or private corporation, does not offer its shares to the general public and typically has a limited number of shareholders, often consisting of family members or a small group of investors. This distinction affects their regulatory requirements, reporting obligations, and the level of public scrutiny they face.
The Mondragon Cooperative Corporation in Spain, open-source software on the internet and employee-ownership in business organizations.
Open Environment Corporation was created in 1992.
Open Text Corporation's population is 4,450.
Open Text Corporation was created in 1991.
The symbol for Open Text Corporation in NASDAQ is: OTEX.
Open Text Corporation (OTEX) had its IPO in 1996.
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Smart Communications and Bank of the Philippine Islands are examples of close corporation in the Philippines. The ABS-CBN Broadcasting Corporation is another example.
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As of July 2014, the market cap for Open Text Corporation (OTEX) is $5,800,571,700.48.
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Some examples of S corporation names include: ABC Consulting Services, XYZ Technologies Inc., Smith Associates LLC, Johnson Enterprises Group, and Greenway Investments Corporation.