advantages & disadvantages of a Plc
each shareholder enjoys limited liability so they are not risking personal bankruptcy. the business has continuity, because its survival is not influenced by the personal circumstances of its shareholders. large amounts of capital can be raised in relatively short periods because of the company's size and the security it offers. it can specialise by setting up separate departments and using specialist equipment. the companies have a separate legal existence from their owners. people are willing to invest in such companies because they are organised through the stock exchange, so people can get their money back easily. large amounts of capital can be gathered in one organisation. very large companies can compete worldwide.