資金調達の源泉
- Retained earnings
- Commercial bank or finance company loans
- Term loans
- Discounted notes
- the bank deducts interest on a bank loan or note in advance.
- Line of credit
- revolving line of credit
- Self-liquidating loans
- a short-term working capital loan that is repaid form the liquidation of inventory.
- Lease financing
- Venture capitalists
- Equity (common stock) issues – IPO
- Preferred stock issues
- Bond, or debt, issues
Equity issues
Initial Public Offering (IPO)
the first issue of common shares to the public
Primary, Subsequent, and Secondary Offerings
- primary offering – IPO
- subsequent offering (follow-on offering)
- newly-issued shares or existing shares owned by the company
- secondary offering
- a sale of existing securities by one or more major stockholders who want to liquidate all or part of their personal holdings.
Dividends, Dividend Policy, and Stock Splits 配当政策
Dividend Policy
- the residual theory
- a dividend is paid only if the funds are not needed for investment.
The Dividend Payment Process 配当の支払いプロセス
- The declaration date 配当決議日、配当宣言日
- The date of record 基準日
- The ex-dividend date 配当落ち日
- The payment date 支払予定日
配当の種類 （類似概念含む）
- Cash dividends
- Scrip dividends
- Property dividends
- Stock dividends
- Liquidating dividends
- Stock split
- reverse stock split
- Treasury stock
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