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Not sure what you're saying - do you think public companies aren't corporations?


I believe the above poster meant “public service” as mentioned by the top-level comment, or “government-owned.”

Edit: to be more clear, as in contrary to “private, corporate” mentioned above.

Hence why one refers to work in the private sector, which could mean a privately-owned or publicly-traded company, but not something government-owned/operated.


But public services and government owned are also corporations. Corporation doesn't mean 'for-profit public company'. It just means a group with a legal identity.

For example British Broadcasting Corporation.


For example in my country corporations are strictly for profit. It is also not just a "corporation", but a "business corporation" (there is no "corporation" by itself). Public companies are either publicly traded private companies and the state holds stock, or "publicly-owned enterprise" or another special category.

The point was that I think there is value in distinguishing public companies and private companies because it's completely different from employee's and career viewpoint.




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