Companies want to look good to the public so more people will say, “Yep, I’ll give that company my money in exchange for a small piece of it, because I think it’s going to do well and I’ll get a good return on my investment.”
In order to be offered on this thing called the stock market, a company has to “go public”—which means revealing a lot of intimate details about how it’s spending and earning, how much it’s paying its executives, and more. Companies want to look good to the public so more people will say, “Yep, I’ll give that company my money in exchange for a small piece of it, because I think it’s going to do well and I’ll get a good return on my investment.”