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Lecture Financial markets and institutions: Chapter 8 - Anthony Saunders, Marcia Millon Cornett

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Lecture Financial markets and institutions: Chapter 8 - Anthony Saunders, Marcia Millon Cornett

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Chapter 8 - Stock markets. In this chapter, we examined corporate stocks and stock markets. Holders of corporate (preferred and common) stock have an ownership interest in the issuing firm based on the percentage of stock held. Stock markets are the most watched and reported of the financial markets. We described the major characteristics of corporate stocks for example, dividend rights, residual claim status, limited liability, and voting rights of stockholders.

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