BU111 Lecture Notes - Lecture 8: Initial Public Offering, Toronto Stock Exchange, Unsecured Debt
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Affect economic growth (measures; aggregate output, gdp, gnp), economic stability, employment. Make notes on topics shown in slides up to and including international business and. Understand the role of each one in our economy. Identify the purpose of each pillar and why and when an organization might use each. Lines between pillars have been blurred due to deregulation. Five largest account for 90% of total bank assets. Bank act limits foreign-controlled banks to less than 8% of total domestic bank assets. Major source of short-term loans for business. Manages economy and regulates aspects of chartered bank operations. Facilitate trade of stocks, bonds, and other products in. Works with businesses that want large amount of investment financing. Primary market when stock goes from company to investor. Secondary market when investors trade stocks amongst themselves. Governments and corporations frequently borrow in foreign markets. World bank provides limited services, funds national improvements. The roles of the 4 pillars of business financing.
