Distinction Between Private And Public Companies - SS1 Economics Past Questions and Answers - page 1
Which type of company is not publicly traded?
Private company
Public company
Both
Which type of company is required to disclose financial information to the public?
Private company
Public company
Both
Which type of company has a more complex management structure?
Private company
Public company
Both
Which type of company has ownership limited to a small group of individuals or a single person?
Private company
Public company
Both
Which type of company has shares that can be bought and sold by the general public?
Private company
Public company
Both
Differentiate between private and public companies.
The different features between a private and public company is enumerated below:
I. Private Companies:
-
Owned by a small group of individuals or a single person
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Not publicly traded
II. Public Companies:
-
Owned by the general public through shares of stocks
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Publicly traded on stock exchanges