A
public limited company (legally abbreviated to plc with or without full stops)
is a limited liability company that sells shares to the public in United
Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions.
It can be either an unlisted or listed company on the stock exchanges. However,
certain public limited companies (mostly nationalised concerns) incorporated
under special legislation are exempted from bearing any of the identifying
suffixes. Some companies in Finland, referred to as "Osakeyhtiö
(julkinen)" in Finnish, are called "plc"s in English, which is
nothing more but a direct translation of the fact that an "Oyj" is a
company listed on the stock exchange
A
cooperative (also co-operative or co-op) is a business organization owned and
operated by a group of individuals for their mutual benefit.[1] A cooperative
is defined by the International Cooperative Alliance's Statement on the
Cooperative Identity as "an autonomous association of persons united
voluntarily to meet their common economic, social, and cultural needs and
aspirations through jointly owned and democratically controlled
enterprise".[2] A cooperative may also be defined as a business owned and
controlled equally by the people who use its services or by the people who work
there. Various aspects regarding cooperative enterprise are the focus of study
in the field of cooperative economics.
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