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Why were stock companies necessary?

Why were stock companies necessary?
asked 59.6k views
15 votes
Why were stock companies necessary?

asked
User Eduardo Macedo
by
8.7k points

1 Answer

10 votes

Answer:

  • Giving the company additional prestige
  • Gaining the ability to offer securities in the purchase of other companies
  • Offering stock option programs to employees. ...
  • Providing additional leverage when obtaining loans
  • Obtaining free advertising whenever the stock is mentioned in the news

answered
User Arush Agarampur
by
8.2k points
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