Difference between revisions of "Closely held corporation"
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According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
:[[Closely held corporation]]. A corporation that is owned by a few individuals who are typically associated with the firm's management. | :[[Closely held corporation]]. A corporation that is owned by a few individuals who are typically associated with the firm's management. | ||
| + | According to [[Management by Robbins and Coulter (14th edition)]], | ||
| + | :[[Closely held corporation]]. A corporation owned by a limited number of people who do not trade the stock publicly. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category:Management]][[Category: Financial Management]][[Category: Articles]] |
Latest revision as of 11:23, 2 June 2020
Closely held corporation is a corporation that is so small that their common stocks are not actively traded; they are owned by only a few people, usually the companies' managers.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Closely held corporation. Refers to companies that are so small that their common stocks are not actively traded; they are owned by only a few people, usually the companies' managers.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Closely held corporation. A corporation that is owned by a few individuals who are typically associated with the firm's management.
According to Management by Robbins and Coulter (14th edition),
- Closely held corporation. A corporation owned by a limited number of people who do not trade the stock publicly.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
