A privately held corporation can also be a publicly accountable enterprise if it has bonds that are publically held.

Name: A privately held corporation can also be a publicly accountable enterprise if it has bonds that are publically held.
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A privately held corporation can be considered a publicly accountable enterprise if it has issued debt instruments (like bonds) that are traded in a public market, making it accountable to public investors.

A Privately Held Corporation Can Also Be a Publicly Accountable