Listed company

from Wikipedia, the free encyclopedia

A publicly traded company (also a public company , English public company ) is a private-law company , whose shares in companies listed are. The company's shares ( shares ) are traded on one or more state-regulated stock exchanges. The opposite of a listed company is a company whose company shares ( company shares or shares) are not traded on a stock exchange.

There are also companies whose shares are traded on one or more stock exchanges in the market segment regulated by private law (e.g. in the German open market ). They are not officially listed companies, but are sometimes viewed as such.

General

The admission of the shares of a stock corporation into the organized capital market is called an IPO .

In English, a listed company is also known as a "public company". This literally means "public company". This translation is not to be confused with public corporations (state -owned companies) and public service organizations.

Information about publicly traded companies is easily accessible in many countries because the local law requires these companies to publish material information about their business activities, such as the annual financial statements . The prices of shares are set every trading day based on supply and demand . The total value of all shares in a listed company is its market capitalization .

Legal

In German corporate law, there are different legal forms of companies whose company shares can be listed on the stock exchange, for example the stock corporations , the partnership limited by shares or the European company (SE). Other corporations such as the limited liability company or the entrepreneurial company cannot be listed on the stock exchange.

Listed companies are usually subject to special rights and obligations , for example the transparency requirement .

Examples of large publicly traded companies

All companies that are included in a stock index are listed. For Germany this is, for example, the DAX , for the euro area the EURO STOXX 50 , for the United States the S&P 500 or Dow Jones Industrial Average and for Japan the Nikkei 225 . As of January 2018, Germany ’s most valuable company by market capitalization is SAP and Apple ’s most valuable company worldwide .

See also

Individual evidence

  1. ^ Definition of stock exchange listing in the Gabler Wirtschaftslexikon
  2. public company meaning in the Cambridge English Dictionary. Retrieved January 7, 2018 .
  3. Capital market orientation versus stock exchange listing. Retrieved January 7, 2018 .
  4. Transparency requirements. In: bafin.de. Federal Financial Supervisory Authority , accessed on January 6, 2018 (German).