Public company: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
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1. Public companies may - subject to complying with certain conditions - be allowed to offer their shares for sale to the public. To protect the public, public companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies. | 1. | ||
Public companies may - subject to complying with certain conditions - be allowed to offer their shares for sale to the public. | |||
To protect the public, public companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies. | |||
2. | |||
The term 'public company' is also used in a looser sense to refer to a company whose shares are already listed on an exchange and held by members of the public. | |||
More strictly however, such a company is a ''listed company''. | |||
== See also == | == See also == | ||
* [[Listed company]] | * [[Listed company]] | ||
* [[Private company]] | * [[Private company]] | ||
Revision as of 11:38, 21 August 2013
1.
Public companies may - subject to complying with certain conditions - be allowed to offer their shares for sale to the public.
To protect the public, public companies are therefore subject to greater regulation and requirements to report fuller financial information within shorter timeframes, compared with private companies.
2.
The term 'public company' is also used in a looser sense to refer to a company whose shares are already listed on an exchange and held by members of the public.
More strictly however, such a company is a listed company.
