HCA302 UNLV Chapter 12 Equity Financing, Investment Banking, and Market Efficiency LO12.1 Explain how common stock investors receive returns. LO12.2 Explain how common stockholders retain control.
Stockholders elect the board of directors.
LO12.3 Explain what a preemptive right is. LO12.4 Explain what is meant by classified stock. LO12.5 Differentiate the primary market from the secondary market. Vesting occurs years later. Dividend reinvestment plans.