
public corporations
Public corporations are companies whose shares are traded on stock exchanges, making them available for anyone to buy. They are owned by shareholders and are required to disclose financial information to the public. This transparency helps investors make informed decisions. Public corporations often raise capital by selling shares to fund growth and operations. They are usually larger organizations and can have a significant impact on the economy. Because they operate under strict regulations, they must adhere to corporate governance standards to protect shareholder interests and ensure accountability.