answersLogoWhite

0


Best Answer

Private corporations have different reporting requirements than public corporations. They also allow a tighter level of control for the ownership.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why might a corporation choose to remain private?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why might a closely held corporation choose to remain private?

A company may choose to remain private so that they don't have to tell the public about their business decisions. They may also choose to remain private to prevent the public from knowing about their financial situation.


Why might a closely held corporation choose to remain private and why might it choose to be public traded?

1) Because private corporations only have a few shareholders, some businesses may prefer to remain as a private corporation so as to limit the control of the company to a few key players. Not only is the power of the corporation concentrated among a few, but so, presumably, would the profits. Most corporations in Canada do remain private and given the reasons above it makes sense to do so, but there are also valid reasons to "go public". Public corporations offer stock shares for the general investing public to purchase, which is a good way to raise funds if a corporation needs additional financial resources for one reason or another. Consider also that the liability of investors or shareholders is limited to their personal investment in the corporation. Public corporations have many shareholders and so the personal investment and thus liability, percentage wise, is going to be less for public corporation investors than for private corporation investors. It would possibly also be easier to borrow money from outside sources as a public corporation versus a private. Banks may see multiple investors as a sign that the corporation is successful and more capable of paying back the money being loaned. Customers might also appreciate the fact that a corporation is public and that the purchases they make will be profited upon by many people, even themselves if they have purchased stocks.


What are the types of corporation?

Most common forms: Public unlimited corporation, Public limited corporation, Private limited corporation. There might be local differences depending on your country and state laws.


Why might some newly freed slaves choose to remain in the south?

Some newly freed slaves might choose to remain in the South because of family ties, economic opportunities, or lack of resources to move to other regions. Additionally, some ex-slaves might have established roots and connections in the South that made it feel like home despite its history of slavery.


Why would one choose to use a Cisco VPN?

A Cisco VPN is a Virtual Private Network and used to extend a private network over a wider public network. One might use such a network from Cisco to access a private network from a remote location.


Is there such thing as private knowledge?

Private knowledge is something you know that you choose not to share with others. It might be something that only you know (for example you are starting to have a crush on somebody, or you did something secretly) or it can be something that only a few other people know.


Why might an employer choose not to conform to the Health and Safety Act?

The main reason would probably be to save the expense of compliance - perhaps because they believed they could not afford to comply and still remain in business. They might also choose not to comply because they didn't understand the Act sufficient to comply even if they intended to. There is also a slight possibility that they might choose not to comply as a rebellion against what they perceived to be excessive regulation or government interference.


What is meant by the term shelf corporation?

The term shelf life corporation means a company or corporation that has no activity. It might have been created as a placeholder for a future venture.


How do you create a Maplestory private server?

Search on youtube. http://www.youtube.com or you can google it. It is very hard if you are beginner and you want to make a maplestory private server. You have to have the maplestory folder of your version of choice. And you have to choose the version. If you don't know how to make one, don't try experiences. You might get a virus on your computer.


What are other words for to remain?

Synonyms for "to remain" might be: stay, abide, dwell, linger or hover. Other synonyms might easily be found on websites such as Thesaurus.com Good luck!


The ability to cause others to behave as they might not otherwise choose to do?

The ability to cause others to behave as they might not otherwise choose to do is manipulation.


Which lenders offer private student loans?

When looking for student loans many students choose private loans with Chase and FinAid or a local business. This varies from student to student based on personal scholarships, credit, financial aid, etc.