public company

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Related to Publicly held: Publicly held company

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).

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References in periodicals archive ?

Furthermore, the application of SFAS 150 to publicly held companies is logical, as it seeks to stem the abusive accounting practices that some companies had adopted when dealing with their own shares.

Private companies despair over SFAS 150

If you are a CPA who works for a publicly held company, reflect on the CPA peers you know from an industry association or a CalCPA chapter or committee, and recommend one as a candidate for membership on your company's board of directors or audit committee.

CPAs and Audit Committees: The Perfect Match

Thirty-one instances in which partners or managers owned securities of publicly held companies for which they personally provided no professional services but which were clients of Coopers & Lybrand.

PWC relaxes position on employee investments

According to the Court, the transaction should be interpreted as an exchange of all of the shareholder's stock in his wholly owned corporation for 425,000 shares of stock in the publicly held corporation, followed by a redemption of 125,000 of those shares for the $3,250,000 in cash.

Ensuring capital gain treatment for boot received in a reorganization

Also, publicly held companies have been under pressure to boost their bottom lines so their stock prices continue to increase, he said.

BITE-SIZE BUSINESSES SMALL COMPANIES HAVE APPETITES FOR WORLD OF MERGERS, ACQUISITIONS

I 1990, Pennzoil bought an 80 percent stake in publicly held Jiffy Lube for $35 million.

W. James Hindman

We believe, however, that final rules should not become effective until all publicly held corporations--regardless of yearend--have been afforded a reasonable opportunity to analyze their existing compensation programs, to seek and obtain proper guidance under these rules (or any material modifications to these rules that may be made as a result of taxpayer comments), and to revise their compensation programs.

Proposed Section 162(m) regulations on deductions for executive compensation

Performance goals are established by the compensation committee--a committee of two or more outside directors (including any subcommittee) of a publicly held entity with the authority to establish and administer performance goals and to certify that such goals were attained.

Performance-based compensation

Compensation committee: A compensation committee is the committee of directors--including any subcommittee of directors--of the publicly held corporation with authority to set and administer performance goals and to certify that performance goals are attained (Regs.

Compensation committee passes Sec. 162(m) muster with recusal of non-outside directors

As CPAs choose different forms in which to practice public accounting--such as selling their firms to publicly held companies--the AICPA is taking steps to make sure the Code of Professional Conduct keeps up with these new developments.