Going public
Going public is the act of selling stock to the public at large by a closely held corporation or its principal stockholders.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Going public. The act of selling stock to the public at large by a closely held corporation or its principal stockholders.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Going public. The act of selling stock to the public at large by a closely held corporation or its principal stockholders.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.