Review article
https://doi.org/10.20867/thm.9.1.19
MANAGEMENT OF COMMON STOCKS
Saša Ivanović
; Faculty of tourism and hospitality management, University of Rijeka, Opatija, Croatia
Abstract
Common stocks are easier to describe than fixed-income securities such as bonds, but they are harder to analyse. Fixed-income securities almost always have a limited life and an upper kune limit on cash payments to investors.
Common stocks have neither. Although the basic principles of valuation apply to both, the role of uncertainty is larger for common stocks, so much so that it often dominates all other elements in their valuation.
Keywords
common stock; value stocks; dividends; target firm; rights; beta
Hrčak ID:
181609
URI
Publication date:
30.6.2003.
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