Chapter 1 terms
Help!
|
|
||||
|---|---|---|---|---|---|
| business ethics | A company's attitude and conduct toward its employees, customers, community, and stockholders.
🗑
|
||||
| corporate raider | An individual who targets a corporation for takeover because it is undervalued
🗑
|
||||
| corporation | A legal entity created by a state, separate and distinct from its owners and managers, having unlimited life, easy transferability of ownership, and limited liability.
🗑
|
||||
| equilibrium | The situation in which the actual market price equals the intrinsic value, so investors are indifferent between buying or selling a stock.
🗑
|
||||
| hostile takeover | The acquisition of a company over the opposition of its management.
🗑
|
||||
| intrinsic value | An estimate of a stock's "true" value based on accurate risk and return data. The intrinsic value can be estimated but not measured precisely.
🗑
|
||||
| Limited Liability Company (LLC) | A relatively new type of organization that is a hybrid between a partnership and a corporation
🗑
|
||||
| Limited Liability Partnership (LLP) | like partnerships.
🗑
|
||||
| marginal investor | An investor whose views determine the actual stock price.
🗑
|
||||
| market price | The stock value based on perceived but possibly incorrect information as seen by the marginal investor.
🗑
|
||||
| partnership | An unincorporated business owned by two or more persons.
🗑
|
||||
| propietorship | An unincorporated business owned by one individual.
🗑
|
||||
| S corporation | A small corporation that, under Subchapter S of the Internal Revenue Code, elects to be taxed as a proprietorship or a partnership, rather than a corporation, yet retains limited liability and other benefits of the corporate form of organization.
🗑
|
||||
| Sarbannes-Oxley Act | A law passed by Congress that requires the CEO and CFO to certify that their firm's financial statements are accurate.
🗑
|
||||
| Shareholder Wealth Maximization | The primary goal for managers of publicly owned companies implies that decisions should be made to maximize the long-run value of the firm's common stock.
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
kgaither
Popular Finance sets