The chief advantage that most publicly traded corporations enjoy – and the primary reason why private companies decide to go public<span> – is greater access to financing through capital markets. Public corporations can also protect their owners and managers from many legal liabilities, although some privately owned companies can accomplish this as well. Corporations with stock on listed exchanges can also offer stock options to employees, improve their brand equity and receive a form of complimentary advertising.</span><span>
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Explanation:
The Spring Festival falls on the 1st day of the 1st lunar month, often one month later than the Gregorian calendar. It originated in the Shang Dynasty c. 1600 BC-c. 1100 BC) from the people's sacrifice to gods and ancestors at the end of an old year and the beginning of a new one.
In 1912, the government decided to take away Chinese New Year and the lunar calendar, but took in the Gregorian calendar instead and made January 1 the official start of the new year. After 1949, Chinese New Year was renamed to the Spring Festival.
B. The lack of a formal written languages
