December 19, 2002
Value of going public?
Courtesy of GMSV, comes a good reason not to put your company in the hands of the masses.
A recent paper I did for my ethics class showed how publicly-traded newspaper companies generally take a short term approach and cut newsroom staffs to the bone. This new study shows that folks bought back into companies after they ditched the “.com” from their name.
I know going public can bring capital and reduce debt, but given the effects it has on the structure and focus of your company, I wonder more and more everyday it it’s a good idea.
Filed under: Management
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