Re: The Football Chat (cont) : Thu May 24, 2012 5:37 pm
McClennan wrote:
Private limited liability companies are not governed by the same regulations and expectations as a plc though so it is important to make that distinction. As limited liability companies are not exposed to the stock exchange/trading their commitment to profit can be managed more easily than it can with a plc. A plc is required to produce profit which usually they are asked to maximise whereas a limited company does not have to be seen to be maximising profits in the same way. Sure, they will want to make a profit, however I would argue that they are more free to pursue their own agenda as well, which may include just being successful. It's an important distinction.
Fsg are probably under more pressure than most listed companies to make a profit because they invest the money of wealthy individuals that expect high returns. They do not invest for any other reason than to make money