Why would a company consider going public?What are some advantages and disadvantages?
Why would a company consider going public?What are some advantages and disadvantages?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Why would a company consider going public?
What are some advantages and disadvantages?
Expert Solution
Step 1
The name Public Company itself gives a clear idea of what a public company means or stands for.
A Public company is a corporation whose ownership is distributed amongst general public that is the share holders through IPO's (Initial Public Offering).
Public company sold all or a portion of itself to the public via IPO.
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