A corporation which offers stock for public sale. A public corporation is regulated in respect of what it must disclose to the public.
A corporation whose stock is traded openly in stock markets and may be purchased by an individual
the owner (stock holders). is not the manager (hired by the board of trustees and therefore an employee). Management is not normally on familiar terms with lower level employees and may not know the core technologies intimately.
A business corporation with shares traded among the general public, such as through a stock exchange.
public corporation is a corporation whose shares of stock are readily available to the general public and are bought and sold in the open market.
A corporation which offers stock for public sale (Public corporations are required by law to provide information about their financial condition, operations, and such.)
A corporation created to perform a governmental function or to operate under government control, such as a municipal water company or hospital.