Definition

Publicly held corporation

Publicly held corporation is a corporation that may have thousands of stockholders and whose stock is regularly traded on a national securities exchange such as the New York Stock Exchange. Most of the largest U.S. corporations are publicly held. Examples of publicly held corporations are Intel, IBM, Caterpillar Inc., and General Electric.

Share it:  Cite

More from this Section

  • Continuous audit
    A continuous audit or a detailed audit, as it is sometimes called, is an audit which ...
  • Dishonored note
    A dishonored note is a note that is not paid in full at maturity. A dishonored note receivable ...
  • Variance
    Variance is the difference between total actual costs and total standard costs. The variance ...
  • Human element
    The human element is an important factor in every system of internal control. A good system ...
  • Book value of common stock
    Book value of common stock is the amount per share that stockholders would theoretically ...