No-par stock
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High Quality Content by WIKIPEDIA articles! No-par stock is stock issued with no par or face value. In modern practice, par value is an antiquated concept and no-par stock is increasingly common. In most jurisdictions, the par value of a stock is the lowest possible price at which a company could issue stock, and amounts equivalent to the aggregate par values of the stock were required to have special treatment as stated capital in accounting. No-par stocks often require the board of directors of a company to determine a stated value when issuing no-par stock to replace the par-determined capital amounts. Some U.S. states do not allow corporations incorporated in the state to issue no-par stock. In these states stock's par values are often extremely low relative to the trading value of the shares (e.g., one cent, or fractions of a cent).
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GarantieWeitere Informationen
- Allgemeine Informationen
- GTIN 09786130341077
- Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
- Sprache Englisch
- Größe H220mm x B150mm x T5mm
- Jahr 2010
- EAN 9786130341077
- Format Fachbuch
- ISBN 978-613-0-34107-7
- Titel No-par stock
- Untertitel Stock, Par Value, Accountancy, Board of Directors, Corporation, Incorporation, Incorporation, Business, Corporate Law, Management
- Gewicht 136g
- Herausgeber Betascript Publishers
- Anzahl Seiten 80
- Genre Wirtschaft
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