Loading ...The new volume deals more especially with two topics, the distribution of corporate securities and the financial side of corporate reorganizations. It also presents some discussion of the disposition made of corporate income. Though both law and accounting must be referred to in explaining financial matters, I hold an opinion that corporation finance has a distinct channel, and that it is
the duty of any one undertaking a presentation of any aspect of the subject to steer a course between the legal and the accounting sides of corporate business.
Since Capitalization was written, I have changed my mind about the special desirability of using as illustrations existing securities and corporations, and in this second volume have confined the examples mostly to hypothetical cases. The passage of a few years, with their varying economic, social, and personal winds, makes the facts presented in an old corporation manual resemble the snows of yesterday.
The book has been written out of the experience of a number of years in association with banking houses engaged in the business of buying and selling corporate securities and as a lawyer occupied in working out the financial arrangements of corporations. It assumed form in the course of presenting the subject in courses of college and graduate students.
I hope the book will continue to be used by students of the subject, not only in the schools, but especially by the many young men engaged in financial work who find difficulty in getting help to understand the complex matter of their profession. It will be useful, also, I believe, to the large number of people who invest in corporation securities, either on their own account or for financial institutions. The number of investors who want a thorough comprehension of what they are doing increases rapidly. It may in some cases possibly help a lawyer to get a better understanding of the needs of his client. And all citizens who want to base on knowledge their opinion of the proper attitude of the Government toward corporations will find in the book a statement of the fundamental principles of corporation financing.
READ THE FULL BOOK BELOW
Please Activate the Full Screen Mode for Better Viewing Pleasure (2nd button from the left)
LINK
EMBED
Related posts:
- Courses of Study in Corporation Finance and Investment by Lyon Hastings Prefatory by Lyon Hastings About two years ago at the...
- Corporation Finance by Edward Sherwood Mead The enormous and increasing values and profits represented by American...
- Corporation Finance by Arthur Dewing PREFACE Teachers of economics and corporation finance have expressed a...
- Mathematics of Accounting and Finance by Seymour Walton PREFACE BY THE AUTHOR This book has been prepared as...
- BUSINESS FINANCE – A Practical Study of Financial Management in Private Business Concerns BY WILLIAM H LOUGH PREFACE This book, as its name indicates, is concerned with...
Store Fleet