Public limited company Flashcards
1
Q
who are public limited companies owned by
A
shareholders - unlimited number of the general public
2
Q
who are the decisions controlled by in a public limited company
A
paid directors who sit on the board of directors and experts managers who are skilled and expert
3
Q
where do the public limited companies get their finance from
A
- 3rd party investment
- retained profits
- financial institution
4
Q
what are public limited companies regulations like
A
complex- AGM and publish annual accounts
5
Q
how are the profits distributed in a public limited company
A
- shareholder dividend
- staff bonus
6
Q
what are the benefits of public limited companies
A
market dominance
business growth
no conflict caused if owners change
7
Q
what are drawbacks of a public limited company
A
high start up costs
slow decision making
high taxes
8
Q
what are the objectives of a public limited company
A
- trained staff
- motivated staff
- business growth
- efficient production methods
