Once a company goes public, it has to answer to its shareholders. For example, certain corporate structure changes and amendments must be brought up for shareholder vote. Shareholders can also vote with their dollars by bidding up the company to a premium valuation or selling it to a level below its intrinsic value.
Public companies must meet stringent reporting requirements set out by the Securities and Exchange Commission (SEC), including the public disclosure of financial statements and annual 10-k reports discussing the state of the company. Each stock exchange also has specific financial and reporting guidelines that govern whether a stock is allowed to be listed for trading.
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All public companies should report on their shareholder returns.
открытая или публичная акционерная компания; открытое или публичное акционерное общество
открытая или публичная акционерная компания
відкрита акціонерна компанія, відкрите акціонерне товариство; державна компанія
акціонерне товариство відкритого типу (АТВТ); відкрита акціонерна компанія