Quoted Companies: Definition, Features, And Examples - SS2 Accounting Lesson Note

Quoted companies, also known as publicly traded companies, are businesses that have issued shares of stock to the public and are traded on a stock exchange. These companies are required to follow strict reporting and disclosure requirements, which provides transparency for investors.

Features:

• Quoted companies are owned by shareholders who can buy and sell shares on the stock exchange.

They are required to publish financial statements and other relevant information to the public.

Quoted companies are subject to regulation by the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC).

Examples:

Below are some of the most well-known quoted companies in Nigeria, but there are many others listed on the Nigerian Stock Exchange:

• Dangote Cement Plc

Guaranty Trust Bank Plc

Nestle Nigeria Plc

Nigerian Breweries Plc

Zenith Bank Plc