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:

1. Explain the meaning of quoted and unquoted companies.
2. 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…