Q. What is the difference between a public company and a private company?

A public company is a publicly traded company where stock holders own shares of a company. A public company must provide their financial information via an annual report to the Securities and Exchange Commission.

A private company is privately held company owned by an individual, a family, an investor or any sort of combination there in. Private companies are not required to share their financial information with anyone outside of their company.

More Info / Source(s):

• Business Research Guide
• Career Research Guide

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