The best way for me to describe my answer is to compare the benefits internal controls & the Sarbanes Oxley bring to a private vs a public company. When I speak about the pros and cons of private vs public benefits, I’m not talking about capital structure, but I think they’re pretty clear. The pros of internal controls and the Sarbanes-Oxley are that there are specific rules that companies must follow and they are now being held more accountable as to how they handle and account for their finances, (“Pros and Cons of the Sarbanes Oxley Act,” n.d.). The pros of a public company are access to capital. You go public so you get access to an enormous amount of cash, and grow your business. You can grow your business and do more things as more
