DIFFERENCES BETWEEN PUBLIC CORPORATION AND PUBLIC LIMITED LIABILITY COMPANY

DIFFERENCES BETWEEN PUBLIC CORPORATION AND PUBLIC LIMITED LIABILITY COMPANY

 FeaturePublic CorporationPublic Limited Company
1OwnershipThe governmentShareholders
2FormationAct of Parliament or decreeIncorporation
3ControlGovernment appoints board of directorsBoard of directors are elected by shareholders
4CapitalGovernment and through grantsProvided through shares and debentures
5AimProvision of essential servicesTo make profits

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