Why do companies find it beneficial to pay flotation costs?

Why do companies find it beneficial to pay flotation costs? Why cant they just do these sorts of issuances themselves? or:Why do companies find it ben

Why do companies find it beneficial to pay flotation costs? Why can't they just do these sorts of issuances themselves?

or:Why do companies find it beneficial to pay flotation costs? Why can't they just do these sorts of issuances themselves?


or:why do people buy computers and do not build them by themselves? because they do not have the expertise nor the money to buy the machines that build components, the same with the companies - they lack the expertise and would not be cost effective to build it in house as long as this operation is not that often

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