TAILIEUCHUNG - Lecture Financial institutions, instruments and markets (6/e): Chapter 6 - Viney

Chapter 6 - Investors in the share market. The goals of this chapter are: Consider the role of an investor in the share market and appreciate the range of investment choices available to the investor; understand the process of buying and selling shares, the risks involved, and the importance of taxation when investing; describe indicators of financial performance. | Chapter 6 Investors in the Share Market Websites: 6- Learning Objectives Appreciate the range of investment choices available to the investor Understand the process of buying and selling shares, the risks involved, and the importance of taxation when investing Describe indicators of financial performance Demonstrate share pricing methods Consider the importance of share-market indices and published share information 6- Chapter Organisation Share-market Investment Buying and Selling Shares Taxation Financial Performance Indicators Pricing of Shares Stock-market Indices and Published Share Information Summary 6- Share-market Investment Investors buy shares to receive returns from dividends and capital gains (losses) Other factors encouraging investment in securities quoted on a stock exchange (SX) Depth of the market Overall capitalisation of corporations listed on an SX Liquidity of the market Volume of trading relative to the size of the market Efficient price discovery Speed and efficiency with which new information is reflected in the current share price 6- Share-market Investment (cont.) The SX offers a wide range of security types to the investor Securities listed on the SX are categorised into industry groups, allowing investors a choice from a range of economic sectors 6- Share-market Investment (cont.) Two types of risk impact on security returns 1. Systematic risk Factors that generally impact on share prices in the market, . economic growth, and changes in interest rates and exchange rates 2. Unsystematic risk Factors that impact specifically on the share price of a corporation, . resignation of the CEO, technology failure, board problems 6- Share-market Investment (cont.) Diversified investment portfolio A portfolio containing a wide range of securities Diversifies most of the unsystematic risk of the individual securities Investors will not receive .

• Tài chính doanh nghiệp
• Share market investment
• Selling shares
• Financial institutions
• Financial Instruments
• Financial markets
• Financial system
• Lecture Accounting and financial system
• Financial statements
• Interpretation of financial statements
• Financial records
• Government grants
• Financial inclusion and growth of Indian banking system
• Financial inclusion of Indian banking system
• Growth of Indian banking system
• Challenges for financial inclusion
• Financial inclusion plays
• The financial system
• The payments system
• Interest rates
• Rates of return
• The stock market
• Financial market efficiency
• Determining interest rates
• Modern financial system
• Flow of funds
• Commercial banking
• Financial claims
• Modern financial system
• Impact of globalisation
• Functions of the financial system