Ordinary shares: related pages

Share capital
An number shown on the balance sheet; the total of the par values of all shares in issue.
Equity
The stake a businesses owners have in it; assets minus liabilities.
Hybrid security
A hybrid security or hybrid instrument is a security that has characteristics of both debt and equity.
Preference shares
Shares that pay fixed dividends: payment of both dividends and capital takes priority over that of ordinary shares.
Capital structure
The particular combination of debt, equity (shares) and other sources used by a company to finance its long term requirement for capital.
Capital structure irrelevance
The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.
Agency theory
The economic analysis of the conflicts of interest between owners and managers of assets.
Golden share
A share with special voting rights, typically veto powers under certain cirumstances.
Founders' shares
Shares issued to the founders of a company that may have different characteristics from ordinary shares.
Copyright Graeme Pietersz © 2005-2019