The Stock Market democratizes business. A stock is a slice of ownership of a larger business, along with voting rights. Corporate Governance structures are put in place which include regular reporting to shareholders, and annual meetings at which boards are elected. Corporate Governance and Regulatory oversight constantly evolve, with Governments trying to prevent excessive monopolies in any industry. Public Equity provides the ability for normal people to invest in companies that serve them. It also means wealthy people no longer hoard wealth in stuffy vaults. Capital grows only if it is put to work. Public Equity provides transparency about how that work is being done. Like countries, churches, political parties and other groups of people… often we discover that work isn’t being done in the interest of all stakeholders. The Stock Market provides a mechanism for the truth to emerge. A way for us to hold decision makers to account.
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