December 2012
Beginner
634 pages
37h 54m
English
Content preview from Handbook of Key Global Financial Markets, Institutions, and Infrastructure
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Chapter 38
Equity Markets
Outline
Definition, Structure, and Functions of Equity Markets
Equity Markets Around the World
Definition, Structure, and Functions of Equity Markets
Equity markets are markets where equities are bought and sold. Equities are claims to share in the net income (income after expenses and taxes) and the assets of a business. In contrast to debt, capital collected by a business in the form of equities does not ever need to be returned. Equity holders are co-owners of the business ...
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