Management and Organizational Studies 1023A/B Lecture Notes - Lecture 6: Government Debt, Financial Institution, Savings Account

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Maria Ferraro

Document Summary

The study of how and under what terms savings (money) are allocated between lenders and borrowers. Not only how resources are allocated but also under what terms and through what channels. Financial securities: financial contract whenever funds are transferred. The management of an entity"s balance sheet. Balance sheet: snapshot of what is owned (assets) and what is owed (liabilities, difference between them is net worth/equity. Real assets: the tangible things that compose personal and business assets. Personal assets: value of houses, land, major appliances and cars, major appliances and cars are known as consumer durables. Business assets: office towers, factories, mines, machinery, equipment, land and inventories, capital expenditure: asset acquisition, corporate financing decisions finance expenditures. Useful source of disaggregate data of financial assets: national balance sheet. Accounts (nbsa)/statscan: collect financial data on the major agents in the financial system. Financial assets: what one individual has lent to another, one person"s positive financial asset is another"s negative financial asset.