Equity Capital: From Ancient Partnerships to Modern Exchange Traded Funds

ISBN-13: 9781138617056 / Angielski / Miękka / 2018 / 550 str.

Geoffrey Poitras

Opis

Despite a widespread general interest in the topic, there are relatively few historical treatments of equity security valuation available that conform to academic standards. Equity Capital looks to address this imbalance in the literature by presenting historical approaches to the valuation of equity securities, from ancient times, to the emergence of tradeable equity claims in the 1600s, to Securities Act and Securities and Exchange Act in the 1930s, and into the modern era. This book provides material relevant for academic presentations of equity valuation history and methods, and is targeted at researchers, academics, students and professionals alike.

Spis treści

Part 1: Equity Capital Prior to Joint Stock Companies  1.1 Etymology and Concepts of Law  1.2 Equity Shares in Antiquity  1.3 Societas, Usury and Risk  Part 2: From Commenda to Joint Stock Company  2.1 Evolution of Accounting and Commercial Arithmetic  2.2 Characteristics of Early Joint Stocks Companies  2.3 Early Markets for Trading in Shares  Part 3: The Rising of Limited Liability Corporations  3.1 Mania, Manipulation and Joint Stock Valuation  3.2 Joint Stock, Limited Liability and Incorporation  3.3 Stocks, Shares and the Science of Investments  Part 4: Conceiving Modern Equity Capital  4.1 Equity Security Regulation and the Crash of 1929  4.2 The Separation of Ownership and Control

O autorze

Geoffrey Poitras is a Professor of Finance at Simon Fraser University, Canada.