| Public Corporation | Public Corporation Ltd |
| i)Initial capital usually provided by
the government ii)Enacted through legislation by an act of parliament iii)Managed by board of directors appointed by the government iv)Not profit geared v)Profit paid as divided to government |
i)Initial capital raised through share capital contribution
ii)Established by promotes through companies act iii)managed by board of directors elected by share holders iv)operate in order to make profit v)profit distributed to share holders as dividends |
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