Using a table, outline four difference between a public corporation and cooperation?

| Aspect | Public Corporation | Cooperation |
|---------------------|-------------------|----------------|
| Ownership | Owned by shareholders who can buy and sell shares on the stock market | Owned and controlled by members who have equal voting rights |
| Governance | Governed by a board of directors elected by shareholders | Governed by a board of directors elected by members |
| Profit distribution | Profits are distributed to shareholders in the form of dividends | Profits are distributed among members based on their contribution or participation |
| Legal structure | Subject to more regulations and reporting requirements due to being publicly traded | Subject to fewer regulations and reporting requirements as a private entity |

| Feature | Public Corporation | Cooperation |
|---|---|---|
| Ownership | Shares owned by the public | Shares owned by members |
| Purpose | Primarily for-profit | Primarily for non-profit or mutual benefit |
| Management | Elected by shareholders | Elected by members |
| Financial reporting | Subject to public disclosure | Not subject to public disclosure, unless required by law |