Firms and industry – Quoted and unquoted Companies
Economics S.S.S 1 Second Term
WEEK 4
Firms and industry – Quoted and unquoted Companies
Performance Objectives
Student should be able to:
- Explain the meaning of quoted and unquoted companies.
- Explain shares, debentures and bonds.
Content
Meaning of quoted and unquoted company
1. Quoted company is a company whose shares have been accepted for trading on a stock exchange. This makes it easier to raise capital, as shares once issued are made more marketable by being quoted on an organized exchange. Quoted company is a company that has its shares listed on the Stock Market. This automatically qualifies such company as a public company.
Features of quoted companies
If all quoted companies are public companies, then the features of quoted companies are the same.... View More
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