Name: Equity 4 – Equity Securities

How does governance in private equity differ from governance in public equity?

Private equity has more aligned owner-management; public equity faces external scrutiny.

How does disclosure typically differ between public and private equity?

Public equity has extensive regulatory disclosure; private equity has limited disclosure.

Why is price discovery usually better in public equity markets than in private equity?

Public markets have continuous, transparent trading.

How does public equity differ from private equity in liquidity?

Public equity is highly liquid; private equity is not.