Type Of Ownership Flashcards
1
Q
PLC- public limited company
A
A plc must have issued at least £50,000 worth of shares.
At least 25% (12,500) of shares have to be paid I.e they have been paid for
Shares can be sold to general public
2
Q
Advantages of PLC
A
Enhanced reputation of the company due to its plc status
The company gains exposure through the stock exchange
3
Q
Disadvantages of PLC
A
Floatation is expensive and prices and not ensured to be successful,
Stricter rules and regulations are on plc’s
