It is common to refer to common stockholders as the "owners" of a firm, because investors in common stock have certain rights and privileges generally associated with property ownership. Common stockholders bear most of the risk associated with a firm's operations, but they tend to benefit the most when a firm performs well. Each of the statements below describes a term associated with common stock. Identify which statement corresponds with each term listed in the table below: Young firms with lots of opportunities tend to retain most or all of their earnings for reinvestment in the company. These types of firms are considered to have this type of stock. A type of stock that tends to pay large, consistent dividends each year. This protects common stockholders from the management team of a firm issuing a large number of additional shares and purchasing these shares themselves in an attempt to gain greater control over the company. Common stockholders have the right to elect a firm's board of directors, who in turn appoint the officers who manage the company. Most common stockholders transfer their right to vote to a second party through this instrument. Equity, or common stock, trades on stock markets all around the world. Because of globalization, the lines between equity markets are being blurred. In many cases, multinational firms se equity in foreign equity markets. In other words, they sell stock on exchanges outside of their home country. The statement above is an example of which of the following? A Yankee stock An American Depository Receipt (ADR) A Euro stock It is common to refer to common stockholders as the "owners" of a firm, because investors in common stock have certain rights and privileges generally associated with property ownership. Common stockholders bear most of the risk associated with a firm's operations, but they tend to benefit the most when a firm performs well. Each of the statements below describes a term associated with common stock. Identify which statement corresponds with each term listed in the table below: Young firms with lots of opportunities tend to retain most or all of their earnings for reinvestment in the company. These types of firms are considered to have this type of stock. A type of stock that tends to pay large, consistent dividends each year. This protects common stockholders from the management team of a firm issuing a large number of additional shares and purchasing these shares themselves in an attempt to gain greater control over the company. Common stockholders have the right to elect a firm's board of directors, who in turn appoint the officers who manage the company. Most common stockholders transfer their right to vote to a second party through this instrument. Equity, or common stock, trades on stock markets all around the world. Because of globalization, the lines between equity markets are being blurred. In many cases, multinational firms se equity in foreign equity markets. In other words, they sell stock on exchanges outside of their home country. The statement above is an example of which of the following? A Yankee stock An American Depository Receipt (ADR) A Euro stock