昆士兰大学 公司理财 Lecture2.pdfVIP

FINM 7402 Learning Objectives Understand the characteristics of equity Lecture 2: Sources of finance: equity Outline the main sources of private equity Outline the process of floating a public Readings: PBEHP chapter 9 company. Discuss alternative explanations for the underpricing of initial public offerings. Learning Objectives Ordinary Shares Understand different ways to raise Ordinary shares represent an ownership capital interest in a business Outline the different types of employee Residual claim on assets share plans Fully v. partially paid shares Outline the advantages of internal Limited liability equity as a source of finance No liability (NL) companies Shares as a source of finance: Rights of shareholders advantages and disadvantages Proportional share of dividends Dividends are Issuing more shares can