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why must public corporations follow more government regulations than pr…

Question

why must public corporations follow more government regulations than private corporations? (1 point)
to limit the total number of managers they are permitted to ever hire
because their profits are not taxed at all by the federal government
because they are not allowed to sell any of their stock to the public
to protect public investors from fraud and illegal financial practices

Explanation:

Brief Explanations

Public corporations have shares available to the public. More regulations ensure investor protection. Options like limiting managers (no basis), untaxed profits (false), and not selling stock (opposite of public corp. nature) are incorrect.

Answer:

To protect public investors from fraud and illegal financial practices