PLC at Work

A PLC, or Public Limited Company, is a type of business that can sell shares to the public on the stock exchange. This allows them to raise money from investors to grow and develop their operations. PLCs must adhere to strict regulations, including regular financial disclosures, which promote transparency and protect shareholders. They typically have more extensive resources compared to private companies and can expand more rapidly. However, being publicly traded also means they are subject to market fluctuations and shareholder expectations, influencing their management decisions. Examples include well-known companies like Tesco and BP.