The Capitalization of Goodwill
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In our eReader you can find the full English version of the book. Read The Capitalization of Goodwill Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Capitalization of Goodwill
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The assumption was that the man who managed the business held the bulk of the common stock. The bankers,, in many cases, as has been said, tried to enforce this, if only for a limited number of years. If the man or men who managed the business did not own any considerable part of the common stock, the owner (in the sense that he is defined here) did not really exist, as an independent factor.
Of course, the owner may have had a great temporary interest in the price of the preferred stock, if he... wanted to unload a block of his preferred holdings. But generally speaking, the actual earnings over and above all preferred dividends were the owner's principal concern.
The banker, too, was interested in earnings, because they affected the securities which he had created. The good 68 SUCCESS OF THE NEW INDUSTRIAL CORPORATIONS 69 reputation of the preferred stocks, which he had sold his customers, was a matter of great importance to him.
Upon their safety and their dividend paying regularity his reputation rested.
What to read after The Capitalization of Goodwill?
You can find similar books in the "Read Also" column, or choose other free books by Kemper Simpson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The assumption was that the man who managed the business held the bulk of the common stock. The bankers,, in many cases, as has been said, tried to enforce this, if only for a limited number of years. If the man or men who managed the business did not own any considerable part of the common stock, the owner (in the sense that he is defined here) did not really exist, as an independent factor.
Of course, the owner may have had a great temporary interest in the price of the preferred stock, if he... wanted to unload a block of his preferred holdings. But generally speaking, the actual earnings over and above all preferred dividends were the owner's principal concern.
The banker, too, was interested in earnings, because they affected the securities which he had created. The good 68 SUCCESS OF THE NEW INDUSTRIAL CORPORATIONS 69 reputation of the preferred stocks, which he had sold his customers, was a matter of great importance to him.
Upon their safety and their dividend paying regularity his reputation rested.
What to read after The Capitalization of Goodwill?
You can find similar books in the "Read Also" column, or choose other free books by Kemper Simpson to read onlineMoreLess
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