A Public Limited Company (PLC) is a type of business organization that offers its shares to the general public through a stock exchange. This allows anyone to buy shares and become a part-owner of the company. PLCs are required to meet specific regulatory requirements, including regular financial reporting, to ensure transparency and protect investors. One of the main advantages of a PLC is the ability to raise capital by selling shares to the public. This can help fund expansion and development projects. However, PLCs also face increased scrutiny and must adhere to strict governance standards to maintain investor confidence and comply with laws, such as those set by the Securities and Exchange Commission.