Which of the following characteristics are not an advantage of being a publicly traded company? Group of answer choices A. Allows the firm to play the merger game, using marketable securities for the purchase of other firms. B. Prestige is helpful in bank negotiations, executive recruitment and the marketing of products. C. Tapping into the security markets for a greater amount of funds. D. Compliance costs because of various public disclosure requirements.

Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter6: Accounting Quality
Section: Chapter Questions
Problem 11QE
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Which of the following characteristics are not an advantage of being a publicly traded company?

Group of answer choices
A. Allows the firm to play the merger game, using marketable securities for the purchase of other firms.
B. Prestige is helpful in bank negotiations, executive recruitment and the marketing of products.
C. Tapping into the security markets for a greater amount of funds.
D. Compliance costs because of various public disclosure requirements.
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