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  • 标题:MANAGEMENT OF COMMON STOCKS
  • 本地全文:下载
  • 作者:Ivanović, Saša
  • 期刊名称:Tourism and Hospitality Management
  • 印刷版ISSN:1330-7533
  • 电子版ISSN:1847-3377
  • 出版年度:2003
  • 卷号:9
  • 期号:1
  • 页码:207-219
  • 语种:English
  • 出版社:Sveučilište u Rijeci, Fakultet za menadžment u turizmu i ugostiteljstvu, Opatija
  • 摘要: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.
  • 关键词:common stock; value stocks; dividends; target firm; rights; beta
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