Which of the following is generally NOT true and an advantage of going public?
A) facilitates stockholder diversification
B) increases the liquidity of the firm's stock
C) establishes a market value for the firm
D) makes it easier for owner-managers to engage in profitable self-dealings

Question

Quizplus · Accepted Answer

Going public generally reduces the ability of owner-managers to engage in profitable self-dealings as they are subject to increased public scrutiny and regulations.

Which of the Following Is Generally NOT True and an Advantage