ACCT 201 Lecture Notes - Lecture 14: Proxy Voting, Qualified Dividend, Treasury Stock
Document Summary
As part of our continuing study of how to value investments, we turn to the world of stock investing. We begin, with this cpa, to explore some of the basic concepts and terminology involved in stock investing. We explore the features and characteristic of both common and preferred stock. Hopefully, many of the terms you will explore are already familiar to you. We also explore the process of issuing common stock including venture capital, initial public offerings (cid:523)(cid:498)going public(cid:499)(cid:524), and the role of the investment banker. Issued shares: outstanding shares, treasury stock, voting of shares of common stock, proxy statement, proxy voting, proxy battle, supervoting shares. Initial public offering: prospectus, preliminary prospectus (cid:523)(cid:498)red herring(cid:499)(cid:524) Readings and videos prior to class: please read section 7. (cid:883), (cid:498)differences between debt and equity,(cid:499) of chapter 7 (cid:523)(cid:498)stock. Equity- investors who become part owners in the firm; expectation to be repaid. Debt and equity are two sources of external financing.
