Researchers in the U.S. are spoiled. We have access to so much information, especially on publicly traded companies, that it often seems unthinkable when information isn’t available. Are we not looking hard enough? Not looking in the right places?
When it comes to privately owned (or privately held) companies, sometimes that wealth of information just isn’t available. Most resources on companies pull their data from 10-K filings with the SEC, a rich source of accurate data on public companies. Private companies have no duty to disclose the information available in 10-Ks, so all their public information is voluntarily disclosed or found by reporters. The depth of information available is often directly proportional to the size of the private company.
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