Quoted Company

Quoted Company is a company which has been registered with a stock exchange market to have its securities traded there. Sometimes we say the company has gone public.

Where does Quoted Company apply?

-Quoted Company applies where it is possible to sell securities such as bonds, preference shares and ordinary shares to  the public.

-Quoted Company is necessary for it increases the marketability of the securities instead of concentrating on raising capital privately from few members.

-Quoted Company is relied upon by the stock exchange market who provide the trading platform and the quoted companies become members.

About the Author - Dr Geoffrey Mbuva(PhD-Finance) is a lecturer of Finance and Accountancy at Kenyatta University, Kenya. He is an enthusiast of teaching and making accounting & research tutorials for his readers.