Private Company vs Public Company - Explained

The video tutorial explains the differences between private and public companies in terms of ownership acquisition, governance, and fundraising. It highlights how private company ownership requires approval from existing shareholders or directors, while public company shares are traded openly on exchanges. The tutorial also discusses the implications of these differences on corporate governance and securities law.

In what ways can shares of a public company be traded?

Why is the distinction between privately held and publicly held companies significant for corporate governance?