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Business Organization and Finance: Legal and Economic Principles

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The Sole Proprietor; Ownership Attributes; Owners and Creditors; Owners and Ordinary Employees; Owners and Managerial Employees; Transfer of Ownership: Purchase Subject to Debt and Option to Purchase; Partnerships; Reasons for Joint Ownership; Formation; Entity and Aggregate Concepts; Fiduciary Obligations; Corporations; Basic Structure; Formation; Obligations of Officers and Directors; Corporate Accountability: Issue of Separation of Ownership and Control; Corporate Law and Corporate Financial Structure; Basic Corporate Investment Devices: Economic Attributes and Formal Characteristics; Definitions; Types of Securities; Formal and Functioning Characteristics; Financial Alternatives Inside and Outside the Firm; Valuation, Financial Strategies, and Capital Markets; Leverage and Choice of Capital Structure; Capital Structure; Dividend Policy; Securities Markets.

423 pages, Paperback

First published January 1, 1986

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