Item 10 — General Question
Description active investing An investment strategy whereby an investor continuously monitors a portfolio with the aim of outperforming a benchmark. ADR American depository receipts A negotiable certificate issued by a US bank representing a specific number of shares of a foreign stock traded on a US stock exchange.
ADRs make it easier for Americans to invest in foreign companies, due to the widespread availability of dollar-denominated price information, lower transaction costs and timely dividend distributions.
Alpha takes the volatility price risk of a unit trust fund and compares its risk-adjusted performance to a benchmark index.
Established inAltX provides smaller companies not yet able to list on the JSE Main Board with a clear growth path and access to capital. Computer-based algorithmic trading is most commonly used by large institutional investors because of the large number of shares they purchase every day.
Shareholders vote at these meetings according to the number of voting shares they hold. They must be prepared in accordance with International Financial Reporting Standards, and fairly present the state of the company and its profit or loss for the year.
The JSE listing requirements compel companies to produce annual results within a set time. An asset is anything of value that can be converted into cash.
Examples of assets include: Cash and cash equivalents — certificates of deposit, cheque and savings accounts, money market accounts, physical cash; Real property — land and any structure that is permanently attached to it; Personal property — everything that you own that is not real property such as boats, collectibles, household furnishings, jewellery and vehicles; and Investments — annuities, bonds, cash value of life insurance policies, unit trusts, pensions, retirement plans, stocks and other investments.
Generally a much greater number of shares is authorised than required, to give the company flexibility to issue more stock as needed. Also called authorised stock or shares authorised. African Securities Exchanges Association ASEA An associated founded in with the aim of establishing mutual co-operation and exchange of information among its member exchanges.
For more information please visit http: Investors loan money to an entity corporate or governmental that borrows the funds for a defined period of time at a fixed interest rate. Bonds are used by companies, municipalities, governments and state-owned enterprises to finance a variety of projects and activities.
Bonds are commonly referred to as fixed-income securities and are one of the three main asset classes, along with stocks and cash equivalents. A bond future can be bought in a futures exchange market and the prices and dates are determined at the time the future is purchased.
B-ordinary shares These shares are of a different class to ordinary shares; holders have fewer or no voting rights and may not have a right to payment of capital if a company is dissolved. Brokerage is usually calculated on a sliding scale depending on the total value of the transaction.
Brokerage rates used to be set by the Registrar of Stock Exchanges in consultation with the Minister of Finance and the JSE but since deregulation of the JSE in Novemberstockbrokers have set their own individual rates.
Capital The money that a company raises against the issue of shares and uses to invest in assets and other resources to produce more money and ultimately profits. The top priority order is executed before other orders in the book, and before other orders at an equal or worse price held or submitted by other brokers.
CFD contract For difference A leveraged derivative financial product whose value is derived from the value of another asset like a share or market index.Control of the corporate (firm) ultimately rests with stockholders.
They elect the board of directors, who, in turn, hire and fire management. The fact that stockholders control the corporation. Who owns a corporation Describe the process whereby the owners control the firm’s management What is the main reason that an agency relationship exists in the corporate form of organization In this Welcome to 5STAR ESSAY.
Rocket Lawyer is committed to making the law simpler, more affordable, and available to everyone. In the spirit of this goal, we've created the Plain Language Legal Dictionary. Inbound Logistics' glossary of transportation, logistics, supply chain, and international trade terms can help you navigate through confusion and get to the meaning behind industry jargon.
Who Owns A Corporation Describe The Process Whereby The Owner Control The Firm S Management What Is The Main Reason That An Agency Relationship Exists In The Corporate Form Of Organization In Thi Corporate finance . Describe process whereby the owners control the firm's management.