Public company is a company that has the opportunity to sell all or a portion of the company to the public where state-owned enterprise serves as a legal entity that is created by a government.
A public company can be described as the company that can sell all or a portion of itself to the public .
A state-owned company on the other hand is a legal entity which is been created by a government for the sake of commercial activities which is been run on government's behalf.
Therefore, Public company is a company that has the opportunity to sell all or a portion of the company to the public where state-owned enterprise serves as a legal entity that is created by a government.
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