作者：mark jenkins 17 年以前
369
Companies
Companies
Public limited company (PLC)
Shareholders may focus on the short term
May lose control of the business
May be vulnerable to takeover
Greater admin costs
Must keep a wide range of people informed
Cost of floatation is high
May have better reputation from Stock listing
May have even better access to credit and very large amounts of finance
Limited Companies ( LTD)
Shares can only be sold privately
Must conform with extensive formalitiestakes up management time
Accounts must be audited
Funding growth easier
Wider range of borrowing opportunities
Company sued in own name
Financial risk for investors reduced
Shareholders of limited companies are often directors
Limited companies are often family owned
Gaining legal company status
issued with certificate of incorporation
Articles of association
frequency of meetings
roles of directors
rights of shareholders
Memorandum of association
athorised share capital
objectives
Company name
Have limited liability
Owner is only liablefor what they have invested in the business and no more
Are incorportated
Have a legal identity
