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In that sense, the kid mowing your yard with your mower for you is a public entity. This is an extremely different use of the word than I'm familiar with, and
by _jal 9y ago
In that sense, the kid mowing your yard with your mower for you is a public entity.
This is an extremely different use of the word than I'm familiar with, and doesn't really do us much good when trying to discuss government projects vs. non-government projects.
- Torwald 9y agoI have to disagree. My point was that the difference in accountability that a publicly traded company provides vs a governmental organisation is to big enough to support the parent's point. I suggest the reason is because the state is too heavily involved in the governance of these entities for the to be truly private. Yes, I understand that public traded companies are not state-owned.