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The Market

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Pages: 2 43
Words: 795 13640
Characters: 5059 81678
Lines: 20 623
     
     
Letters per word: 6.36 5.99
Words per line: 39.75 21.89
Words per page: 397.5 317.21

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Description

The aggregate of the global markets is called the Market. The Market’s dynamics and risk/reward profile are determined by the actions and inactions of shareholders and potential shareholders around the globe. The Market represents the aggregate portfolio of every potential shareholder in the world. The fiduciary duty of publicly-traded corporations is to maximize shareholder value, which is the value the Market would place on the corporation if the Market had the same information as the corporation’s insiders.

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Date Added

09/26/2008
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Attribution Non-commercial

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