Preguntas finanz corporativas ingles.
Enviado por elvisjj • 30 de Octubre de 2016 • Apuntes • 482 Palabras (2 Páginas) • 89 Visitas
1. Accounting and Finance differ mainly in the sense that while finance dealing with budgeting, accounting mainly deals with the facts.
Accounting generally has a historical perspective. Its main purpose is accountable for past activities. In sharp contrast, the emphasis of finance to the fact determining value and make decisions, it focuses decisively towards the future. Seizing the accounting perspective, which puts us in the current position, finance focus on the implications for the future.
2. The efficient market hypothesis states that a market is "informationally efficient" when competition among the various actors involved in it, leads to an equilibrium in which the market price of a security is good estimate of their theoretical or intrinsic price. Stated otherwise, the prices of debt securities (such as shares) which are traded in an efficient financial market reflect all available information and comply fully and rapidly to new data that may arise.
3. A company creates value trying to maximize its share price would be good for society in general. The same courses of action that maximize stock prices also benefit society.
Maximizing stock price:
A. It requires the installation of industrial plants efficient and capable to operate at a low cost and that produce goods and services of high quality at the lowest cost possible.
B. It requires the development of products that consumers want and they need, therefore, the reason concerning utilities results new technologies, new products and new jobs.
C. It requires an efficient service and great care, existence adequate freight and business establishments well located -all these factors are necessary for there to be sales and sales are
necessary for obtaining profits.
4. There are economists, mathematicians and speculators who do not believe in the efficient market hypothesis. They think there are powerful reasons for inefficiencies exist: the slow dissemination of information, the unequal power of the different participants in the markets and the existence of professional investors, at least apparently, achieve high yields. However it is not sufficient to invalidate the main conclusions of the models used in finance reason.
5. Changes in interest rates US can affect the entire global financial system. In particular, rising interest rates in the United States reduces the attractiveness of investments in other currencies, putting pressure on exchange rates and prices of emerging market bonds.
6. In the primary market issuers raise funds from the public in order to obtain funding. Thus, investors receive newly created securities acquired directly from the issuer.
By contrast, in secondary markets and issued securities are traded and are held by investors. In this sense, the acquirers of securities in the secondary market purchase securities outstanding hands of another investor.
7. Diversification can be used for both offensive and defensive purposes. On offense, it can be used to increase the profits of the corporation through the launch of companies in untapped markets. On defense, it can be used to disseminate the assets of the corporation to protect against a market crisis.
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