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⍰ ASK How does the governance structure of a Public Limited Company differ from other business entities?

A Public Limited Company is different because it traded publicly. Many people own shares through stock exchanges. PLCs have a board elected by shareholder making big decisions and watching over managers. Shareholders vote at meetings.

PLCs follow strict rules and share a lot of financial info for transparency. Private companies don't face as much scrutiny.

In PLC managers answer to the board and shareholders. Private companies might have a more flexible structure.
 

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