Difference between orivate compny and public compny
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A public company, publicly-traded company, publicly-held company, publicly-listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are freely traded on a stock exchange or in over-the-counter markets
A privately held company, private company, or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members
A privately held company, private company, or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members
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A private company can't trade its shares among the general public. ... A private company is run in the same way a public company is run. The only difference is in the case of private company, the number of shares traded is relatively smaller and also the traded shares are owned by limited individuals.
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