Country Controlled Public Corporations - Dictionary Search
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Country Controlled Public Corporations
Country controlled public corporations are public corporations where the largest share holder (which is not an investment fund) is the country. The largest share holder does not have to hold a majority of the shares. If the country holds 51% of the shares, it is obviously the largest share holder but it may also hold 10% of the shares and if none of the other share holders have more that 10%, it remains the largest. It is possible that one of the other shareholders will buy more shares and have more than 10%. If this shareholder is an enterprise, the corporation will become enterprise controlled public corporation and control will pass to the enterprise that holds these shares. In case that an investment funds is the major shareholder, control will remain with the largest shareholder which in not an investment fund. Investment funds can be large shareholders but they never control corporations. Public corporations can achieve higher quality and efficiency than state and private corporations. Public corporations where the largest share holder has less than 25% of the shares, can achieve even much higher quality and efficiency and can become very profitable.
Simcountry Dictionary
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Country controlled public corporations are public corporations where the largest share holder (which is not an investment fund) is the country. The largest share holder does not have to hold a majority of the shares. If the country holds 51% of the shares, it is obviously the largest share holder but it may also hold 10% of the shares and if none of the other share holders have more that 10%, it remains the largest. It is possible that one of the other shareholders will buy more shares and have more than 10%. If this shareholder is an enterprise, the corporation will become enterprise controlled public corporation and control will pass to the enterprise that holds these shares. In case that an investment funds is the major shareholder, control will remain with the largest shareholder which in not an investment fund. Investment funds can be large shareholders but they never control corporations. Public corporations can achieve higher quality and effici