Business Organizations: Public Corporations

Public corporations are owned by government. These companies are formed by government to run the industries owned by the government. Maldives Post Limited and Maldives National Broadcasting Corporation are good examples.

Public Corporations too have seperate legal entity just like other companies. That means the corporations can sue and be sued.

Soler Proprietorships, Partnerships, Private and Public Limited Companies are all in Private Sector of the Economy.

Where as Public Corporations are in Public Sector.

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