The Double Identity of Stocks
Lecture no. 8 from the course: Financial Literacy: Finding Your Way in the Financial Markets
Taught by Professor Connel Fullenkamp | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Paying dividends isn’t required for stocks. So how do companies issuing stocks repay lenders? And how can stockholders, who pool their resources to share ownership, hold companies to their promise to increase the value of shares? Examine the structure of corporations that issue stock and the potential benefits, rights, and drawbacks inherent with investing in these instruments.