Question

select a reason why a company would want to go public. to consolidate control of the company in the hands of management to increase direct oversight from investors to decrease administrative costs to have access to cheaper capital than a private company would

Answer 1

The company would go public to decrease administrative costs

What is Business Consolidation?

Business consolidation is the process of combining various business divisions or corporations into a single, larger organization. By eliminating redundant personnel and processes, business consolidation is a legal strategy that is frequently used to increase operational efficiency. No matter how costly and difficult it may be in the short term, business consolidation—often associated with mergers and acquisitions (M&A)—can produce long-term cost savings and a concentration of market share.

There are various business consolidation models, such as variable interest entities and statutory consolidation.

When two or more businesses combine to form one, this is called consolidation. Consolidation of businesses, also referred to as amalgamation, is most frequently linked to M&A activity.

This typically occurs when a number of comparable smaller businesses join forces to create a new, larger legal entity. The smaller entities typically vanish after being absorbed by the acquirer.

Therefore, The most extreme option is to combine various businesses or business units into a completely new entity.

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