Public companies are businesses that have sold shares of stock to the general public. This means that anyone can buy shares of the company and become a shareholder. Continue Reading Below
Public companies are businesses that have sold shares of stock to the general public. This means that anyone can buy shares of the company and become a shareholder. Public companies are required to disclose a significant amount of financial information to the public, and their stocks are traded on stock exchanges, such as the New York Stock Exchange. Because they are owned by a large number of shareholders, public companies are subject to a high level of scrutiny and regulation.