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Public limited company.
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| Submitted: Mon Dec 22 2003
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In a public limited company only two people are needed and there's no upper limit. Every public limited company has a PLC at the end so that people don't confuse it for a private limited company. In a PLC the general public as well as other businesses and financial institution can buy shares from a PLC. Organizations rather than individuals own most of the shares in a PLC. In most of the countries the shares of the PLC are bought and sold through the Stock Exchange. For the public's benefits the share prices are printed in the newspaper so that the public can know the price of their shares. The company can expand selling more shares to the Stock Market. PLC's are usually larger than Private Limited Companies. The shareholders like the private limited company have limited liability; this means that if the company goes bankrupt then the shareholders are...
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