Once a firm has "gone public," it is open to a considerably higher level of public scrutiny.

Question

Quizplus · Accepted Answer

Going public means that a company's shares are traded on a public stock exchange, which opens the company to increased levels of regulation and scrutiny from investors, analysts, regulators, and the general public. This includes public reporting and disclosure requirements, shareholder and stakeholder activism, and greater media attention.

Once a Firm Has "Gone Public," It Is Open to a Considerably