Taking a public company private allows for changes and growth goals to be achieved more easily without the pressure of meeting quarterly expectations from analysts, according to a recent report. Private companies have longer-term decision making, as they are far from the gaze of public investors, who are often accused of being short-term oriented. An over-communication between management and the analyst community can also steer expectations and risk sacrificing longer-term decision-making. Many companies refuse to provide public guidance or insights, instead choosing to focus on long-term planning.
Subscribe To Our Free Newsletter |