Chapter 12: Financing and Listing Securities

In this section

• 12.1 Government and Corporate Finance
  • 12.1.1 Sources of Funding
    Understanding the key sources of funding including debt vs. equity financing and internal vs. external financing, essential for effective government and corporate finance management.
  • 12.1.2 Capital Structure
    Understanding the capital structure of a corporation is integral to financial strategy and optimizing shareholder value.
  • 12.1.3 Importance of Financing
    Exploring the essential role of financing in corporate growth, liquidity management, and economic stability within Canada’s financial markets.
• 12.2 The Corporate Financing Process
  • 12.2.1 Stages of Financing
    Exploring the stages of financing in corporate finance, including seed and venture capital, initial, and subsequent offerings.
  • 12.2.2 Role of Financial Intermediaries
    An in-depth exploration of the functions and roles of investment banks and the syndication of loans and bonds during the corporate financing process.
  • 12.2.3 Prospectus Requirements
    An in-depth exploration of the prospectus requirements for corporate financing, focusing on disclosure obligations and investor protection.
• 12.3 Bringing Securities to the Market
  • 12.3.1 Initial Public Offerings (IPOs)
    Detailed exploration of the process of Initial Public Offerings (IPOs), including steps for taking a company public and the methods involved in pricing and bookbuilding.
  • 12.3.2 Secondary Markets
    The dynamics of secondary markets, their role in providing liquidity, and the critical observations of aftermarket performance post-IPO, including stabilization efforts.
• 12.4 Other Methods of Distributing Securities to the Public
  • 12.4.1 Private Placements
    An in-depth look at the private placements method of distributing securities, examining restricted access, benefits, limitations, and strategic considerations for companies and investors.
  • 12.4.2 Rights Offerings
    An in-depth exploration of rights offerings as a method of distributing securities, emphasizing shareholder participation and mechanisms to prevent dilution.
  • 12.4.3 Shelf Registrations
    Shelf registrations offer a flexible mechanism for issuers to register a new issue of securities without selling immediately, allowing issuers to capitalize on favorable market conditions over extended periods.
• 12.5 The Listing Process
  • 12.5.1 Listing Requirements
    Comprehensive overview of the requirements and processes associated with listing securities on stock exchanges, including exchange criteria and due diligence.
  • 12.5.2 Advantages and Disadvantages of Listing
    An in-depth analysis of the benefits and potential challenges associated with listing a company on a stock exchange, focusing on visibility, credibility, costs, and regulatory requirements.
  • 12.5.3 Delisting and Suspension
    An in-depth examination of the processes and implications of delisting and suspension of securities from stock exchanges.