Advantages and disadvantages of using equity capital and


1. What are the advantages and disadvantages of using equity capital and debt capital to finance a small business's growth?

2. What does it mean to say that managers should maximize shareholder wealth 'subject to ethical constraints"?

The Securities Exchange Act of 1934 limits, but does not prohibit, corporate insiders from trading in their own firm's shares. Should this be an ethical concern?

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Financial Management: Advantages and disadvantages of using equity capital and
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