Public limited company----Parastatals
1. Owned by private people who own shares----1. Fully owned by the government
2. Directors are elected by shareholders.----2. Directors are appointed by the government.
3. Main objective is to make profit.---3. Main objective is to offer essential goods and Services.
4. Profit realized belongs to shareholders.---4. Profit realized belongs to the state.
5. Initially financed through issue of shares.--5. Initially finance by state or through state guarantee.
joseph rimiru answered the question on December 28, 2017 at 14:05
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