They say T is not swf.
then i like to know what it is it called?
a company is either:
1. public-listed company : shareholders, board of directors,
chairman etc. dividends are distributed to shareholders.
2. private company : owners and partners and shareholders. need
not disclose like public-listed ones.
so, which category does it belong to and who owns the company if
its not a swf ? A company that has no owner? A company that has no
shareholders? then who audits it based on international
audit standard? who knows what is happening to its financial
situation, investments and is there anything to be concerned about?
trust?
can a company have no shareholders and owners but employees who
will diligently do the legal and right thing without external
audit?
someone can clear my doubts?