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- Title
One Type of Security in Retrospect.
- Authors
Smith, R. G. E.
- Abstract
The case for capitalizing large firms solely with ordinary shares (common stock) is extended by rebutting the arguments of Williams and Finlay (1983) that common stock is obsolete. An account of the historical origins of the supporting elements of the one-security plan is provided. Of the arguments and evidence to be presented, some will be recapitulations of points made earlier and some will be additional.
- Subjects
CORPORATE finance; BIG business; STOCKS (Finance); SECURITIES; FINANCIAL instruments
- Publication
Abacus, 1984, Vol 20, Issue 2, p138
- ISSN
0001-3072
- Publication type
Article
- DOI
10.1111/j.1467-6281.1984.tb00197.x