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<p>and <a href="page.php?w=joint_ventures">joint ventures</a> of <a href="page.php?w=public_company">publicly traded companies</a> (for example, <a href="page.php?w=General_Motors">General Motors</a>' <a href="page.php?w=Saturn_Corporation">Saturn Corporation</a>), unless shares in the subsidiary itself are traded directly, have characteristics of both privately held companies and publicly traded companies. Such companies are usually subject to the same reporting requirements as privately held companies, but their assets, liabilities, and activities</p><p>
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