Wh ich of the following statement is wrong?
A.
Insider systems are owned and controlled by a small number of major shareholders, and the company can’t be listed on the stock exchange.
B.
Outsider systems are ones where shareholding is more widely dispersed, and there is the manager-ownership separation.
C.
Institutional investors have large amounts of money to invest and they are covered by fewer protective regulations.
D.
Venture capital organisations are institutional investors who particularly are interested in companies that are seeking to expand.