Characteristics of Private And Public Companies - SS1 Economics Past Questions and Answers - page 1
Which type of company has a limited number of shareholders?
Public company
Private company
Both
Which type of company has greater access to capital?
Public company
Private company
Both
Which type of company has a more complex governance structure?
Public company
Private company
Both
Which type of company is not required to disclose financial information to the public?
Public company
Private company
Both
Which type of company has shares that can be traded on a stock exchange?
Public company
Private company
Both
Which type of company has shares that can be traded on a stock exchange?
Public company
Private company
Both
What are the 3 characteristics of private companies?
Often have a limited number of shareholders
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Shares cannot be traded on a stock exchange.
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Limited access to capital compared to public companies.
What are the 4 characteristics of public companies?
Owned by a large group of shareholders
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Required to disclose financial information to the public.
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A larger and more diverse group of shareholders.
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Shares can be traded on a stock exchange.