1. Public Companies Are Alive and Well.
- Author
-
Roe, Mark J. and Wang, Charles C.Y.
- Subjects
- *
PUBLIC companies , *STOCKS (Finance) - Abstract
The number of publicly owned companies in the U.S. has decreased by half since 1996, leading to concerns about the state of the American economy and the role of public companies. However, this pessimistic view is not supported by the facts. Despite the decrease in numbers, public companies are actually more profitable and successful than ever before. Their profits have doubled as a percentage of GDP, their total value has increased, and they continue to invest and employ at similar rates as in 1996. The success of larger companies, mergers and acquisitions, and other factors contribute to this trend. Overall, public companies remain an important and strong part of the American economy. [Extracted from the article]
- Published
- 2024