cryptohunter
Active member
- PPF Points
- 1,440
A Public Limited Company typically aims to make profits for shareholders. But in some places, any company including PLCcan choose a not for profit approach.
This means the company's rules must clearly say it won't share profits with shareholders. Even though Public Limited Company usually suggests a profit motive, legal rules differ. Changing a PLC to a not for profit may face legal challenges.
This means the company's rules must clearly say it won't share profits with shareholders. Even though Public Limited Company usually suggests a profit motive, legal rules differ. Changing a PLC to a not for profit may face legal challenges.