public company

(redirected from Publicly held corporation)
Also found in: Dictionary, Financial.
Related to Publicly held corporation: Public company, Publicly traded companies, Publicly traded
See: utility

public company

a registered company that can offer its shares to the public. Its memorandum of association must state that it is a public company, that its authorized capital is at least the authorized minimum (£50,000) and that its name ends with plc (or public limited company).
References in periodicals archive ?
Likewise, executives of utility companies supplying more than $60,000 in electric, gas, or water services to a publicly held corporation will be ineligible to serve on a customer's board as an outside director.
162-27(e)(4) requires that the material terms of the performance goal be disclosed to and subsequently approved by shareholders of the publicly held corporation.
The first is whether a publicly held corporation should employ SEC procedures for shareholder approvals and proxy disclosures or whether the corporation should follow state law requirements for shareholder votes.
The employer in Letter Ruling 9811029 is a publicly held corporation with a shareholder-approved stock option plan.
The new federal rules would be imposed only on large, publicly held corporations.
The Business Review's 50,000 significant and influential readers range from sole proprietors to CEOs and other top executives of large publicly held corporations to key government decision-makers.
Before turning to the responses we received from our members, however, we wish to affirm our view that large, publicly held corporations do not fail to report income (and, specifically, any "study income" that would be reported on Form s 1099).
As already explained, publicly held corporations (and other companies that have audited financial statements) already have adequate procedures and controls in place to account for all incoming cash.
In the 229 largest publicly held corporations other than banks, the specific functions reported as being assigned to the audit committee by the full board varied widely.
Its members represent the majority of the largest publicly held corporations in the U.
NIRI members include the majority of the largest publicly held corporations in the U.
The National Investor Relations Institute (NIRI) was founded in 1969 and is an international organization with 4,500 members, including the majority of the largest publicly held corporations in the U.