A private corporation is a type of business entity owned by a small group of individuals or other companies. Unlike public corporations, private corporations do not sell shares to the general public and are not listed on stock exchanges. This structure allows for more control and privacy over business operations and financial information. Private corporations can range from small family-owned businesses to large firms with significant revenue. They often have fewer regulatory requirements compared to public corporations, making it easier to manage and operate. Examples of private corporations include Coca-Cola Enterprises and Dell Technologies.