Explain 5 difference between public limited companies and parastatals

here are 5 differences between public limited companies and parastatals:

1. Ownership: A public limited company (PLC) is owned by private shareholders who buy shares on the stock exchange. A parastatal is owned by the government, either wholly or with a majority stake.
2. Primary Objective: The main goal of a PLC is to maximize profits for its shareholders. A parastatal's primary objective is to provide public services, implement government policy, or operate in strategic sectors, often with a social welfare aim.
3. Control and Management: PLCs are controlled by a board of directors elected by shareholders, with decisions driven by shareholder interests. Parastatals are controlled by the government, often through a relevant ministry or an appointed board, with decisions influenced by government policy and public interest.
4. Funding: PLCs raise capital by issuing shares to the public and through private financing. Parastatals are primarily funded by government grants, subsidies, or loans, although some may generate their own revenue.
5. Accountability: PLCs are accountable to their shareholders and regulatory bodies. Parastatals are accountable to the government, parliament, and the general public.