Date of Defense



Finance and Commercial Law

First Advisor

Dr. Robert Balik

Second Advisor

Dr. Inayat Mangla

Third Advisor

Dr. James D'Mello


Most businesses when initially formed are private firms. That is, a small group of persons own all of the common stock and this stock is not traded on a stock exchange. As the firm grows the need for additional equity funds, especially common stock, invariably arises. Also, going public allows the "market" to determine the value of the shares of common stock held by the owners of the firm. Two classic examples of private firms that had to go public are WalMart and Microsoft.

Access Setting

Honors Thesis-Campus Only