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    Private versus Public Company: Sinclair Oil versus Chevron

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    Choose a publicly held company and a privately held company in the same industry (e.g., a privately held food company and a publicly held food company). As your text indicates, publicly held companies are required to divulge certain information to the investing public. But privately held companies aren't held to such standards because they are not seeking investors. Nevertheless, many privately held companies divulge certain statistical and financial information that publicly held companies are required to do. Why do you think they do that? Compare and contrast the financial information provided by the two companies you've chosen. How does the privately held company's efforts to appeal to the public differ from that of the publicly held one? Provide examples.

    A source for privately held companies is http://www.forbes.com/lists/2006/21/biz_06privates_The-Largest-Private-Companies_land.html.

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    Solution Preview

    The response addresses the queries posted in 515 words with references.
    //As per the directions, we will write about the selected Privately held and Publicly held Companies, which are Sinclair Oil and Chevron. The two companies will be compared on the basis of the financial information. Along with this, we will also write about the differences in the efforts of privately held company to appeal to the public from that of the publicly held Company.//


    Public company is the one whose securities are available for the general public where as the private company does not allow the general public to buy and sell its shares and securities. There is an ownership of either non governmental organizations or small number of holders who do not publicly trade the securities. Securities of the public companies are traded through stock exchange. It becomes mandatory for the public companies to disclose their financial information publicly for ...

    Solution Summary

    The response addresses the queries posted in 515 words with references.