Public companies are corporations whose ownership is available to the general public through the sale of shares in the stock market. These companies are listed on stock exchanges, which allows investors to buy and sell their shares. Being publicly traded means that the company must adhere to strict regulatory requirements set by governing bodies, such as the Securities and Exchange Commission (SEC) in the United States. This includes providing regular financial disclosures, adhering to corporate governance standards, and ensuring transparency in their operations. Public companies can raise capital by issuing stock to the public, often using the funds for expansion, research and development, or other operational needs. Shareholders of public companies have voting rights in company decisions, including the election of the board of directors. The value of a public company’s shares can fluctuate based on market conditions, company performance, and investor sentiment.