A Mongolian public company has taken public ownership to its extremes

There is much talk of the 'social responsibility' of the company and of the stakeholders, i.e. all those who, apart from the shareholders, have a co-interest in it: from the workers to the community in which the company is rooted, to the State (if only for taxes ). But in Mongolia the government has decided not to make distinctions between shareholders and stakeholders, in the sense of transforming all citizens into shareholders. In the Asian country there are great unexploited mineral wealth, and in particular coal: a deposit in the Gobi desert is estimated at 6 billion tons. A public company, Erdenes-Tavan Tolgoi Ltd. (TT) is set to exploit this deposit, and the government has given away 538 shares of TT to every citizen. This generosity, intended to distribute the proceeds of mineral wealth, is not new. A recent measure gave every citizen the equivalent of $55 in cash, plus a $15 monthly allowance. The endowment of natural resources, according to many economists, can be a curse, because it creates 'monoculture' economies and does not encourage the diversification of production. But for now the Mongols think it's more of a blessing than a curse.

http://mongoliaeconomy.blogspot.com/2011/06/mining-boom-fuels-new-mongol- hoard.html
http://www.mongolia-web.com/mining-and-minerals/3044-mongolia-wants-mining-to-move-other-things-forward-says-batbold
http://mongoliaeconomy.blogspot.com/2011/03/tavan-tolgoi-shares-distribution-among.html