国际商务PPT第十二章.pptVIP

International Business 9e By Charles W.L. Hill Chapter 12 The Global Capital Market Why Do We Have Capital Markets? Capital markets bring together investors and borrowers investors - corporations with surplus cash, individuals, and non-bank financial institutions borrowers - individuals, companies, and governments markets makers - the financial service companies that connect investors and borrowers, either directly (investment banks) or indirectly (commercial banks) capital market loans can be equity or debt Who Are The Main Players in Capital Markets? The Main Players in a Generic Cap