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13 cards from this deck
Business selling shares to public via stock exchange
Stock market flotation
Around 30%
Around 70%
PLCs have unrestricted access to public capital markets
Limited - only risk investment, not personal assets
Can raise substantial capital from thousands of investors
Appear more established & trustworthy
Increased media coverage & brand recognition
Others can buy enough shares to take control
Complex accounting & reporting requirements
Must publish all financial data publicly
Shareholders can influence decisions via voting rights
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