„Public Corporation“

1. A business corporation with shares traded among the general public, such as through a stock exchange.

2. Also, an instrumentality of the state, founded and owned by the public interest, supported by public funds, and governed by those deriving their authority from the state.

Source:

Hopt, Klaus J., and Gunther H. K. Teubner. “Public Enterprises: Commercial Corporations and Instruments of the State.” In Comparative Corporate Governance: Essays and Materials, 123-145. Berlin: Walter de Gruyter, 1998.