Authors

Kyle Landrigan

Document Type

Perspective

Publication Title

Emory Corp. Governance & Accountability Rev. Perspectives

Publication Date

1-1-2016

Abstract

In the wake of a private company, Moon Express, being approved for a lunar landing by the US government it begs the question, 'what is to follow?' Companies in this field are in the planning phases of projects that would significantly advance society; however, the inability to raise capital through private sources slows development. Funding for projects would be easier raised through the public sector. The SEC should incentivize private companies to go public by relaxing reporting requirements. The relaxed requirements would allow the company to focus more on developing technology and less on preparing reports that will reflect that not much has changed in three months. The lessened requirements will also allow the companies to reinvest the profits into furthering development without shareholder interference. The US has been falling behind in scientific achievement, therefore pushing these companies to go public would be a step in the right direction.

First Page

1031

Volume

4

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