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What are the advantages and disadvantages of being a public limited company?

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What are the advantages and disadvantages of being a public limited company?

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A few disadvantages to going public are: “The company must make all information available to the public through SEC and state filings. Another disadvantage of being public is the tremendous pressure for short-term performance placed on the firm by security analysts and large institutional investors. There can be a high cost to going public. Moreover, after going public the firm faces higher compliance costs because of various public disclosure requirements.

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