public company

(redirected from Public Enterprise)
Also found in: Dictionary, Financial, Wikipedia.
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 ?
Contact Point(S): Public Enterprise Macedonian Railways Infrastructure Skopje
The construction work is ongoing, and the preparation of all necessary project documents is in the final stage", stress from the Public Enterprise.
The public enterprises' governance consist of "internal" reforms that directly affect the management and control of assets, but the improvements in corporate governance are an essential complements to external reform measures and a part of public enterprise reform (privatization, competition, financial sector reform, restructuring) (Pannier, 1996).
Coun McEvoy said: "The Capital Cardiff Fund is an example of public enterprise for the rest of Wales.
What that entails is that the management of public enterprises has been removed from the supervisory ministries to the NCP, which will direct the way public enterprises are to be operated.
In this worldwide policy-transition situation, policy makers need to know under what conditions privatization of the public enterprise will increase welfare.
Yet the prevailing view of neoclassical economists that public enterprise is invariably less efficient than private business is open to question for a variety of reasons.
This article reports first on the varying reasons for establishing public enterprise systems in the countries of East Asia, and then on the various privatization initiatives taken and the issues that have arisen in relation to them in those countries.
Thirteen departments accounted for the pounds 148million total, with the Depart-ment of Public Enterprise spending most - pounds 92million.
But they face the annual "nightmare" of obtaining affordable digs, according to the Fine Gael Public Enterprise Spokesman Deputy Jim Higgins.
Mary O'Rourke, the Irish Public Enterprise Minister, has recently announced the publication of Aer Lingus Bill 2000, which provides for the repeal of existing legislation governing the airline so that the IPO can proceed.
Though the nature, management, and use of public enterprise funds vary greatly among governments, in most cases financing is similar.

Full browser ?