What is the difference between a publicly traded company and a…

Question Answered step-by-step What is the difference between a publicly traded company and a… What is the difference between a publicly traded company and a privately-held company?  In an effort to boost business, the London Stock Exchange is thinking about giving some private companies the ability to trade on their exchange just like publicly listed companies. This WSJ article (link is below) states that “Before a public trading window, the [private] company would be required to put out a “cleansing statement” disclosing material information, which is intended to level the playing field.” Since publicly listed companies have to jump through all kinds of hoops in order to trade on an exchange, is it fair for the London Stock Exchange to give private companies the ability to trade on their exchange with a watered-down version of their exchange-listing requirements? What do you think of this model? Could it be good for financial markets?  https://www.wsj.com/articles/london-stock-exchange-proposes-special-listings-for-private-companies-11642248741?mod=mhp (Links to an external site.).https://www.investopedia.com/ask/answers/difference-between-publicly-and-privately-held-companies/#:~:text=In%20most%20cases%2C%20a%20private,via%20an%20initial%20public%20offering  (Links to an external site.). Business Finance FIANANCE MBA 622 Share QuestionEmailCopy link Comments (0)