Explanation

Despite of large benefits in going private, all firms do not opt going private because:

Private companies restrict its shareholders to transfer the securities whenever need arises.
Private companies cannot have more than fifty shareholders.
Public companies have easy and favourable access to large amounts of equity capital as compared to private companies.
Going private may cut down a company's equity share capital and increase the risk through inclusion of debt in the capital structure.
Shareholders often found it easy and worthy to invest in public companies because of their sound image in the capital market.

Verified Answer

All firms don't want to go private because:

Private companies restrict trading of securities.
Private companies can have a limited number of shareholders.
Private companies have least access to equity capitals as compared to public companies.
Shareholders are usually interested in making investments in public companies.