<P> Unlisted public companies are more likely to engage in profit - maximising behavior as their share capital structure makes it very easy to give their members financial returns . </P> <P> In Australia, a public company, whether listed or not, is required to prepare an annual report that includes a directors' report, financial report, and an auditor's report . The report is to be distributed to shareholders 21 days before an annual general meeting or four months after the end of the financial year . These rules are in place because members of the public who have invested in such companies are not always in a position to get information about the companies performance, and so would not be able to monitor their investment and determine the return on their investment one leading unlisted company BC to AD hyperlink ltd & Aayukh chits limited . </P>

What is a public listed company in australia