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

What is the difference between a public company and a private company Introduction: The Corporate Landscape Hello, and welcome to today's video! The world of business is diverse, with countless companies operating in various sectors. However, when it comes to their structures and operations, two primary categories emerge: public and private companies. In this video, we'll delve into the nuances of these categories, exploring their differences and what they mean for stakeholders. Ownership: Who Calls the Shots? One of the most significant distinctions between public and private companies lies in their ownership. In a public company, ownership is distributed among numerous shareholders, who own shares of the company's stock. These shares are typically traded on stock exchanges, making them accessible to the general public. On the other hand, a private company has a limited number of shareholders, often including the company's founders, management, and a select group of investors. The shares of a private company are not publicly traded, and ownership is not easily transferable. Financial Disclosure: Transparency vs. Privacy Transparency is a crucial aspect of the public company landscape. As a public company, you're required to disclose financial information regularly.