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Damn public corporations

Simcountry: Simcountry Bulletin Board  Damn public corporations

Trade Imperium

Tuesday, January 13, 2004 - 07:45 pm Click here to edit this post
I lost another company to the public corporation limbo. :(
Correct me if I'm wrong but it happens when the market value on a corporation gets to high, like 300B. So besides trying to run a company under its maximum power is there anyway to stop them from going public? Its annoying and totally unrealistic and it forces you try keep your companies from running well.

P.S. Is there even any advantage to even having a public corp? Besides if your trying to get rid of it.....

Beta Industries

Tuesday, January 13, 2004 - 08:34 pm Click here to edit this post
I think its an advantage.

The shares can raise money for your country/corps or enterprise.

Its harder for others to buy them.

If a corps is profitable it will become a public corporation once its value reaches 150B

Swiss Hymyland

Tuesday, January 13, 2004 - 09:15 pm Click here to edit this post
Raise your taxes very high, and it will keep the value down. National corps can't go public, so stash high value corps there.

I don't believe they are worth having. Sure, you get an infusion of cash initially, but in the long run a lot of money that should be yours is going to fill someone elses coffers, and you hafta to do all the work. Plus if your not careful, you can end up with a corp that suffers endless materials cost penalties because the value is to high. Private corp values are based on profits after taxes. Public corp values are based the total # of shares times their value. I believe there are still bugs that pretty much lock the value of the corp at whatever level it ipo'd at, too.

Swiss Hymyland

Tuesday, January 13, 2004 - 09:18 pm Click here to edit this post
Oh, to get rid of them, just sell most of the shares. You can be a controlling member, with 1 share usually. Then close them, and replace them with a new corp. They will have long paid for themselves before they can auto IPO. So really, it's no big deal.

The New Dawn

Tuesday, January 13, 2004 - 10:07 pm Click here to edit this post
I'm with swiss, you may get some cash initially. But a well run corperation will make you far more in the long run.
Besides what do you even need more cash for? There is an almost unlimited supply through 4% loans.
Persoanly I'd rather have total control of my company then a few extra billion laying around.

Pawnkingia

Wednesday, January 14, 2004 - 01:39 pm Click here to edit this post
Publlic corps are good in my opinion as they do provide a massive influx of cash (not just a few billion ... if you have a lot of IPOs then you can raise trillions.)

They boost your asset value and therefore your score too ... I have about 25T worth of public corps. Also they find it a lot easier to pay off their debts which is just good housekeeping.

Erehwon

Wednesday, January 14, 2004 - 02:25 pm Click here to edit this post
TI, there are ways to prevent corps from going public if that's what you want to do. Putting them in a higher tax country that you own is the most obvious. The corp remains at a reasonable MV and you also get the taxes. But there are other ways, including maintaining a significant but not crippling debt load.

Another way is to balance open market with common market product sales - the selling corporation runs a lower profit but the "value" is moved instead of lost. This can be tricky because you have to be careful where the value goes or you will have the problem of super high profits and MV elsewhere.

Trade Imperium

Wednesday, January 14, 2004 - 05:06 pm Click here to edit this post
Thanks erehwon, those were the ones I was kind of aware of it just some times hard to manage just right because the MV can quickly shift over the peiord of just a few months. What I was hoping for was a big button that would stop them from doing this :(

Primetime Land

Friday, January 16, 2004 - 05:53 pm Click here to edit this post
Do public corps not paying any taxes to the country?

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