This is the
talk page for discussing improvements to the
Finance article. This is not a forum for general discussion of the article's subject. |
Article policies
|
Find sources: Google ( books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
This
level-3 vital article is rated C-class on Wikipedia's
content assessment scale. It is of interest to the following WikiProjects: | ||||||||||||||||||||||||
|
This article is prone to spam. Please monitor the References and External links sections. |
This article was the subject of a Wiki Education Foundation-supported course assignment, between 27 August 2019 and 10 December 2019. Further details are available on the course page. Student editor(s): Jenna.102, Clairecoyle, Mitch.T22.
Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT ( talk) 21:15, 17 January 2022 (UTC)
This article was the subject of a Wiki Education Foundation-supported course assignment, between 6 January 2020 and 25 April 2020. Further details are available on the course page. Student editor(s): Gpint16.
Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT ( talk) 21:15, 17 January 2022 (UTC)
This article was the subject of a Wiki Education Foundation-supported course assignment, between 25 January 2021 and 30 April 2021. Further details are available on the course page. Student editor(s): Frashid01.
Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT ( talk) 21:15, 17 January 2022 (UTC)
This article was the subject of a Wiki Education Foundation-supported course assignment, between 23 January 2019 and 15 May 2019. Further details are available on the course page. Student editor(s): Noahmaitland, Danj19. Peer reviewers: Isabellewoods.
Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT ( talk) 21:24, 16 January 2022 (UTC)
It's literally ridiculous to be using such abstruse terms as "the economics of contingent claims." If your aim is to educate, then use language that more than one half of one percent of your audience can understand. But your use of this term makes it abundantly clear that your aim is not to educate, but try to show how "smart" you are. And that's not a smart thing to do. —Preceding unsigned comment added by 69.113.188.66 ( talk) 05:16, 27 March 2008 (UTC)
There are several links to Finance and Financial and the term probably deserves some kind of separation from the theoritical Financial economics. The former redirection to Finance and investment makes no sense, especially since there is a separate entry for just Investment. There is alot of work that should be done within the finance field, both at writing articles and stubs, but also in tying loose ends togeather and trying to achieve at least some kind of workable structure. -- Mic 10:53 Apr 11, 2003 (UTC)
There is a fourth topic beyond commodities, stocks, bonds - currencies. It should be included for completeness. Hannes Tilgner
Anyone know about these links? Do they belong here? Any comments?
Wow, can you please discuss before making that radical of a change? I do not think it is better, and not very general or accurate. What about risk? Characterizing it as only the diff between income and expense is very oversimplified. - Taxman 14:19, Dec 14, 2004 (UTC)
I have added a paragraph at the beginning on what finance is for. I think it makes a nice intro to the article. However, the article needs much more work. In addition, the para just after mine is now out of place and should probably be rewritten or deleted, but I don't like to delete other people's work. 69.243.144.144 ( talk) 01:27, 3 January 2009 (UTC)Larry Siegel
I am not comfortable with the financial economics section as it currently reads. It basicly claims that financial economics consists of asset valuation, financial markets, financial institutions, and financial instruments. The problem is not that these arn't part of financial economics. They are. The problems is that they are also part of finance proper. I have dug up my old notes from financial economics and from finance courses annd there is considerable overlap in topics. However there is a difference in the way they are presented. Financial economics gets to these topics by studying the role of money in the economy, at the micro level (risk, portfolio analysis, etc.) and also at the macro level (financial flows, demand for money, deposit multiplier, etc.). Finance proper gets to them from a more practical angle, from the perspective of the user of the financial assets, and from the decisions that an individual or organization is about to make. Any comments? mydogategodshat 22:10, 12 Jan 2005 (UTC)
There is a new portal. See Wikipedia:Wikiportal/Business, Economics, Finance. Maurreen 03:45, 18 July 2005 (UTC)
The article Grameen Bank is currently nominated to be improved on Wikipedia:This week's improvement drive. If you want to support the article, you can vote for it there.-- Fenice 09:05, 9 August 2005 (UTC)
From the section "Examples of some basic financial concepts" : <quote> The stock gives whoever owns it part ownership in that company. If you buy one share of XYZ Inc, and they have 100 shares available, you are 1/100 owner of that company. You own 1/100 of anything on the asset side of the balance sheet. <unqoute> Actually, share holder's equity = assets - liabilities. Therefore the last sentence should be : You own 1/100 of the net difference between assets and liabilities on the balance sheet.
The main article on management links to Financial Management, which links directly here, with no note of it being redirected. This article says that Financial Management is historical accounting, not managing financial resources. How do we solve this? -- SueHay 14:59, 9 March 2007 (UTC)
Is it not slightly America-centric to have a Wall Street sign? Is there not some symbol slightly more universal? 89.213.1.85 16:56, 18 May 2007 (UTC) How about a red shield? That's pervasive globally though they're good at hiding it.
-- 76.83.249.234 07:07, 12 July 2007 (UTC)
More than six years on, and I can only second this concern. Let's take suggestions here for updates. Feel free to list ideas below. I have added mine. prat ( talk) 02:52, 20 November 2013 (UTC)
Let's aim to make a decision on this before 2014. prat ( talk) 02:52, 20 November 2013 (UTC)
Normally I hesitate to put such tags on articles, but I thought it important to tag this one. This is a very important topic, but much of the content consists of bullet points, almost as if it was taken from a Powerpoint presentation! Could someone knowledgeable in this area please review this material and fill it out with prose? An encyclopedia should have more than a series of short lists. Thanks, Walkerma 02:17, 22 September 2007 (UTC) I also think that the number of tiny sections is excessive - this is part of the same "pseudo-Powerpoint" problem. If headings like Disadvantages of credit trade need to be there (though I'm unconvinced!) they should be written as ;Disadvantages of credit trade, which will appear as Disadvantages of credit trade. Walkerma 02:26, 22 September 2007 (UTC)
The confusion is not limited to the editors working on the article. The general topic of money, whence it comes and how it is managed, the topic in question, is subject to a general societal obfuscation. The article is merely a reflection of this fact. Still, just taking the "management of money/ wealth" tack and putting effort into a well composed article would remedy the situation. 74.78.162.229 ( talk) 01:08, 30 June 2008 (UTC)
I think the following paragraphs should be reversed in order. The first talks about an example of corporate finance, but the second is the one that introduces the fact that there are several types of finanace (amongst them, corporate)
A specific example of corporate finance is the sale of stock by a company to institutional investors like investment banks, who in turn generally sell it to the public. The stock gives whoever owns it part ownership in that company. If you buy one share of XYZ Inc, and they have 100 shares outstanding (held by investors), you are 1/100 owner of that company. Of course, in return for the stock, the company receives cash, which it uses to expand its business in a process called "equity financing". Equity financing mixed with the sale of bonds (or any other debt financing) is called the company's capital structure.
Finance is used by individuals (personal finance), by governments (public finance), by businesses (corporate finance), as well as by a wide variety of organizations including schools and non-profit organizations. In general, the goals of each of the above activities are achieved through the use of appropriate financial instruments, with consideration to their institutional setting.
—Preceding unsigned comment added by 189.216.191.243 ( talk) 07:08, 12 July 2008 (UTC)
* Financial institutions can use short-term savings to lend out in the form of short-term loans:
o Credit on open account o Bank overdraft
o Short-term loans
o Bills of exchange
o Factoring of debtors
It sounds as if a short-term loan is a type of short-term loan —Preceding
unsigned comment added by
189.216.245.27 (
talk) 17:29, 14 July 2008 (UTC)
When we talk about the Fed, or another country's central bank, "raising the interest rates", who does the interest get paid to? In other words, if the central bank loans money to the government at interest, who is ultimately receiving those interest payments? Someone with knowledge of public finance, please respond--inquiring minds want to know! —Preceding unsigned comment added by 207.155.244.69 ( talk) 23:54, 18 February 2009 (UTC) the interest, or eventually profit, will go to the private owners of the fed, regular rich citizens get the interest. —Preceding unsigned comment added by 72.131.14.164 ( talk) 05:33, 5 March 2009 (UTC) so, doesn't it seem kind of oppressive that one private group of rich people has a monopoly over the debt of an entire nation?? shouldn't that money get used for the public good?
foreclosures are still at very high levels heading into the later stage of the first quater of the year. There is however also a lot of interest in the Florida foreclosure home market from the bargain hunters who are eager to find a bargain. With recovery at least 12 - 18 months away it’s a good time to be looking although some adviser say your better to wait for the first signs of the turn around before buying into the market. At least that way you know where the bottom of the cycle is and stand to make the most from your purchase. Florida is one of the most popular destinations in the US and future prospects should always be positive if you buy right and always remember some of the basic rules of real estate investment Amy Cooper [ foreclosures] —Preceding unsigned comment added by Amycooper ( talk • contribs) 09:33, 21 April 2009 (UTC)
I disagree with the first stentence. It says, "The field of finance refers to the concepts of time, money and risk and how they are interrelated." That sentence is wrong. First, this article is not called "field of finance." Second, finance does not mean "concept of time." It also does not mean "concept of risk." Finance is how people obtain income to spend. When you say, "How am I going to finance that" you don't mean borrow money for it. You mean get income for it. Borrowing is sometimes a complication, but it is not the meaning. The sentence sounds like a public speaker's sizzler. However, this is an encyclopedia. The first sentence should not make you wonder what you're talking about. It should tell you what you're talking about. And you are not talking about borrowing.-- Chuck Marean 18:00, 23 June 2009 (UTC)
It is pretty clear that Chuck Marean doesn't understand finance, and he shouldn't be allowed to make these changes.
Classic case of layman's misconception of what finance means. — Preceding unsigned comment added by 202.1.105.231 ( talk) 08:07, 9 August 2011 (UTC)
Regarding the change to "Finance is the science of funds management.[1] The general areas of finance are business finance, personal finance, and public finance". "Public finance" Actually has very little to do with "finance". Public finance is an old name for what is more often now referred to as "public economics" (in part to avoid confusions like this that result from the word "finance" being used in "public finance". Public finance/economics concerns the role of government in the economy. Derek Pyne2 ( talk) 20:43, 20 August 2017 (UTC)
Re: “The field of finance deals with the concepts of time, money and risk and how they are interrelated. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly-traded corporations.”
69.146.168.219 ( talk) 06:43, 9 July 2009 (UTC)Finance, quite simply put, is the management of a person or company's wealth. I looked through this article a bit and it is an absolute nightmare. I see a lot of comments in here from several different people but I do not see them backing up their knowledge of the subject. I don't really care for Wikipedia as I cannot use it for any of my schoolwork but I have to say that this article definitely needs to be written by someone who knows what they are talking about. I am a finance major but I do not have the time or the patience to do it, nor do I want to as I do not care for writing. Please get someone on this who knows what they are talking about! 69.146.168.219 ( talk) 06:43, 9 July 2009 (UTC)Caprice 69.146.168.219 ( talk) 06:43, 9 July 2009 (UTC)
The links I submitted were for the individual blog entries which are purely informative in nature and have no commercial interests in them whatsoever. Hence I kindly consider the links in your external links section. spam://www.brooklyntroy.com/index.php/blog/Using-your-Self-Directed-IRA-to-obtain-non-recourse-loans.html —Preceding unsigned comment added by Sundar77 ( talk • contribs) 09:22, 26 October 2009
The section The main techniques and sectors of the financial industry contains the sentence:
Banks are thus compensators of money flows in space.
My difficulty with that sentence is that I don't understand it, and I doubt many readers would either. Here are some issues I have with that statement:
Therefore I intend to remove it, pending somebody's explanation or improved re-statement of its essential insight. yoyo ( talk) 19:14, 9 July 2010 (UTC)
I NEED MEANING OF ACCOUNTING ARCHITECTURE. —Preceding unsigned comment added by 122.167.49.151 ( talk) 05:58, 1 September 2010 (UTC)
There are some good references for some topics discussed in the article. I've tried to contribute them but they were deleted. Any idea why? — Preceding unsigned comment added by Inteligentwriter ( talk • contribs) 16:55, 14 February 2011 (UTC)
The lead is appalling it is irrelevant and too long, I can't believe this article has slipped from B grade. Sort it out.-- Editorforthegood ( talk) 19:29, 2 November 2011 (UTC)
I came here looking for the etymology of the word finance and believe it would be a relevant addition to this article. — Preceding unsigned comment added by AiwarikiaR ( talk • contribs) 16:03, 5 April 2012 (UTC)
I prefer the investopedia definition which focuses on financial topics as opposed to Webster's which is more general
Finance can be defined as the science that describes the management, creation and study of money, banking, credit, investments, assets and liabilities. Finance consists of financial systems, which include the public, private and government spaces, and the study of finance and financial instruments, which can relate to countless assets and liabilities. Some prefer to divide finance into three distinct categories: public finance, corporate finance and personal finance. All three of which would contain many sub-categories.
http://www.investopedia.com/terms/f/finance.asp#ixzz1se07ZOF0
-- Vfranks10 ( talk) 04:07, 21 April 2012 (UTC)
I agree that is a better definition. I will rewrite it a bit and make it the lead sentence. This article is so horribly written. The Sound and the Fury ( talk) 23:44, 27 April 2012 (UTC)
I have restructured the page to a significant degree and moved a lot of information from the page to this talk page. I thought it was redundant, annoying, and generally useless on the page. No offense to whoever wrote it. Big lists of bullet points I do not think are particularly helpful to readers, in my estimate. Please discuss any disagreement with my changes here. The below area is reserved just for directly removed information, verbatim. The Sound and the Fury ( talk) 23:47, 27 April 2012 (UTC)
Areas of study within (and the interactions among) these three levels affect all dimensions of social life: politics, taxes, art, religion, housing, health care, poverty and wealth, consumption, sports, transportation, labor force participation, media, and education. While each has a vast accumulated literature of its own, the effects of macro and micro level financing that mold and impact these and other domains of human and societal life typically have been treated by researchers as “policy,” “welfare,” “work,” “stratification,” and so forth, or have been largely unexplored. Recent research in "behavioral finance" is promising, albeit a relative newcomer, to the existing body of financial research that focuses primarily on measurement.
Loans have become increasingly packaged for resale, meaning that an investor buys the loan (debt) from a bank or directly from a corporation. Bonds are debt instruments sold to investors for organizations such as companies, governments or charities. [1] The investor can then hold the debt and collect the interest or sell the debt on a secondary market. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important as they invest in various forms of debt. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly traded corporations.
Three overarching divisions exist within the academic discipline of finance and its related practices: 1) personal finance: the finances of individuals and families concerning household income and expenses, credit and debt management, saving and investing, and income security in later life, 2) corporate finance: the finances of for-profit organizations including corporations, trusts, partnerships and other entities, and 3) public finance: the financial affairs of domestic and international governments and other public entities. [2]
Finance is structured and regulated within political economies across global markets. It is both art (e.g. product development) and science (e.g. measurement), although these activities increasingly converge through the technical and institutional focus on measuring and hedging risk-return relationships that underlie shareholder value. Networks of financial businesses exist to create, negotiate, market, and trade in complex financial products and services for their own as well as their clients’ accounts. Financial performance measures assess the efficiency and profitability of investments, the safety of debtors’ claims against assets, and the likelihood that derivative instruments will protect investors against a variety of market risks.
The financial system consists of public and private interests and the markets that serve them. It provides capital from individual and institutional investors who transfer money directly and through intermediaries (e.g. banks, insurance companies, brokerage and fund management firms) to other individuals, firms, and governments that acquire resources and transact business. With the expectation of reaping profits, investors fund credit in the forms of (1) debt capital (e.g. corporate and government notes and bonds, mortgage securities and other credit instruments), (2) equity capital (e.g. listed and unlisted company shares), and (3) the derivative products of a wide variety of capital investments including debt and equity securities, property, commodities, and insurance products.
Credit gives the consumer the opportunity to buy, purchase or acquire goods and services, and pay for them at a later date. This has its advantages and disadvantages as follows:
This refers to the purchase of stock at the right time, at the right price and in the right quantities.
There are several advantages to the stockpiling, the following are some of the examples:
There are several disadvantages to the stockpiling, the following are some of the examples:
This refers to the number of times per year that the average level of stock is sold. It may be worked out by dividing the cost price of goods sold by the cost price of the average stock level.
Corporate finance is a business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created for transacting and trading assets, liabilities, and risks.
"Finance is the study of how investors allocate their assets over time in a risky world." The mention of "investors" and "risky world" is way too specific. -- NeilN talk to me 20:53, 9 May 2012 (UTC)
Quote from Fama and Miller (1972), The Theory of Finance: "The theory of finance is concerned with how individuals and firms allocate resources through time." This is for certainty and it's the same with uncertainty. (p. 1, sentence 1) — Preceding unsigned comment added by Sigiheri ( talk • contribs) 21:53, 9 May 2012 (UTC)
I wanted to understand the differences in opinion with this lead: [3]. It says "Finance is the study of how investors allocate their assets over time under conditions of certainty and uncertainty. " ; but is that what finance is? The study of how investors allocate their assets? What about information simply about bonds and equities, that is part of finance, and yet describing the characteristics of bonds or a bond is not the same as a discussion of how investors allocate their money. The second problem I have with this sentence is "over time under conditions of certainty and uncertainty." To begin with, "over time" is obviously redundant. Everything happens in time. Secondly, what are "conditions of certainty and uncertainty"? What does this mean? I assume this was simply changed from "risky world" but it means even less. The sentence I introduced was "Finance refers to the management, creation and study of money, banking, credit, investments, assets, and liabilities." This was I think a close approximation to Investopedia or perhaps the Mishkin text. In any case, the lead should be broad enough to encompass the subject and it should be good. The Sound and the Fury ( talk) 17:35, 28 May 2012 (UTC)
The lead sentence is verbatim from Fama and Miller 1972. I would say that they are right, wouldn't you? I disagree that "over time" is redundant. And I don't see what the problem is with certainty and uncertainty. This is how Fama and Miller describe finance. Regarding your post, finance is NOT the study of assets, and credit and liabilities are the same think, right? This is why I undid your post. Sorry. — Preceding unsigned comment added by Sigiheri ( talk • contribs) 21:15, 28 May 2012 (UTC)
Hey, man. If you guys think Fama and Miller are not right and that you can write a better opening sentence than the fathers of modern finance, go for it. — Preceding unsigned comment added by Sigiheri ( talk • contribs) 17:10, 29 May 2012 (UTC)
I really don't think that it is appropriate to undo a lead sentence with a worse lead sentence, NeilN. 18:30, 29 May 2012 (UTC)18:30, 29 May 2012 (UTC)18:30, 29 May 2012 (UTC)18:30, 29 May 2012 (UTC)18:30, 29 May 2012 (UTC) Sigiheri ( talk)
I am not asserting my version over what came before. In fact, what came before is almost exactly like what is there now. I am asserting that current version over your re-write. I am doing that for sure.20:24, 29 May 2012 (UTC)20:24, 29 May 2012 (UTC)20:24, 29 May 2012 (UTC)20:24, 29 May 2012 (UTC)20:24, 29 May 2012 (UTC)20:24, 29 May 2012 (UTC)20:24, 29 May 2012 (UTC) Sigiheri ( talk)
I've consulted a few sources and thought about it, and I think our introduction to this expansive topic should also be expansive. It could lay out many of the issues that the topic of finance deals with and touches on, the many "types of finance" that exist, and it could include the point about investment that Sigiheri has been insistent on, as well as providing a broader view and scope, and introduction to the many articles about the topic on the encyclopedia. Here, for example, is what Frederic S. Mishkin in "Financial Markets and Institutions, Seventh Edition", says: [In fact he does not even come out and define "finance"; in answer to the rhetorical question of "Why study financial markets and institutions" he writes:]
This book provides answers to these questions by examining how financial markets (such as those for bonds, stocks, and foreign exchange) and financial institutions (banks, insurance companies, mutual funds, and other institutions) work. Financial markets and institutions not only affect your everyday life but also involve huge flows of funds—trillions of dollars—throughout our economy, which in turn affect business profits, the production of goods and services, and even the economic well-being of countries other than the United States. What happens to financial markets and institutions is of great concern to politicians and can even have a major impact on elections. The study of financial markets and institutions will reward you with an understanding of many exciting issues. In this chapter we provide a road map of the book by outlining these exciting issues and exploring why they are worth studying.
...then later: Financial markets, such as bond and stock markets, are crucial to promoting greater economic efficiency by channeling funds from people who do not have a productive use for them to those who do.
... then it goes through the various financial institutions and their functions.
Robert Shiller in his 2011 Yale course available online says:
Finance, I believe, is, as it says in the course description, a pillar of civilized society. It's the structure through which we do things, at least on a large scale of things. It's about allocating resources through space and time, our limited resources that we have in our world. It's about incentivizing people to do productive things. It's about sponsoring ventures that bring together a lot of people and making sure that people are fairly treated, that they contribute constructively and that they get a return for doing that. And it's about managing risks, that anything that we do in life is uncertain. Anything big or important that we do is uncertain. And to me that's what financial markets is about.
To me, this is a course that will have a philosophical underpinning, but at the same time will be very focused on details. I'm fascinated by the details about how things work. It can be boring, and I hope I'm not boring in this course, but it's in the details that things happen. So, I want to talk about particular institutions, and I'm interpreting finance broadly in this course. I want to talk about banking, insurance --sometimes people don't include insurance as part of finance, but I don't see why not, so we'll include it. It's about securities, about futures markets, about derivatives markets, and it's going to be about financial crises. And it's also about the future. I like to try to think about the future, although it's hard to do so. Where are we going?
Jeff Madura in his own "Financial Markets and Institutions, Seventh Edition" (why I always buy the seventh edition of things beats me - lucky 7?) writes:
Financial markets facilitate the flow of funds in order to finance investments by corporations, governments, and individuals. Financial institutions are key players in financial markets because tehy serve as intermediaries that determine the flow of funds... Today, many financial institutions offer all types of financial services, such as banking, securities services, mutual fund services, and insurance services.... [Then he talks a lot about the different types of financial markets, what they're for, etc.
Something that appears from these texts is that "finance" is just a stand-in word, really, for "financial markets and institutions" and they mean the same thing. I think if the lead to this article could present these complexities without trying to present just one, pithy, simple definition, that would be better.
Finding the above and copy or writing it out took a while, so I don't have more time now to propose a new lead based on the above material and more, but that is the next thing. The Sound and the Fury ( talk) 22:53, 13 June 2012 (UTC)
Hello, I want to know about the role of finance function in an industrial enterprise. — Preceding unsigned comment added by 116.202.70.18 ( talk) 08:40, 27 August 2012 (UTC)
The German word for "Finance" is not "Finanzierung" but 'Finanzen'. 'Finanzierung' means 'Funding' and does not correspond to this article.
190.47.46.208 ( talk) 14:49, 27 December 2012 (UTC)
I strongly believe that,in the introduction for this article, just as the time value of money is made a critical point for the field of Finance, so should the concept of investment. I would ask experts to highlight the importance of the concept of investments in the introduction. Furthermore and similarly, I would explore the article, in order to find spots in where links to the article about investment should be included. For example, on the fourth bullet of section 1 (Investments and accumulation goals).
Ejspeiro ( talk) 06:33, 29 August 2013 (UTC) - Thanks!
There seems to be a lack of any section directly applicable to global finance; balance of trade, international trade and settlement, governance issues and other such areas. I intend to write one if there is no objection. prat ( talk) 02:54, 20 November 2013 (UTC)
This was redirected to Economics#Finance as an "uncited essay", but it did have a few refs and doesn't seem like an essay to me. Does anyone else have an opinion? ekips39 ( talk) 03:43, 25 March 2015 (UTC)
China’s State Administration of Taxation (SAT) has recently clarified tax policies for equity and asset transfers between tax resident enterprises. Chinese tax resident enterprises are generally subject to Chinese corporate income tax (CIT) on the gain derived from the transfer of equity shares or assets. However, under the new tax policy, equity transfers between Chinese tax resident companies that meet specific criteria may be eligible for tax deferral and a temporary CIT exemption. The policy applies to all types of enterprises including wholly foreign-owned enterprises (WFOE).
Based on the new rules, four types of equity transfers will be included in the preferential tax treatment, specifically:
Equity or asset transfers from a parent company to its 100 percent directly controlled subsidiary.
1. The parent company transfers the equity or assets held by it to the subsidiary based on the net book value, and the parent company receives 100 percent equity payment from the subsidiary.
2. The parent company transfers the equity or asset held by it based on the net book value to the subsidiary but the parent company does not receive payment.
Equity or asset transfers from a 100 percent directly controlled subsidiary to its parent company
3. The subsidiary transfers the equity or asset held by it based on the net book value to the parent company but the subsidiary does not receive payment.
Equity or asset transfers between subsidiaries that are subject to 100 percent direct control of the same parent company
4. Under the direction of the parent company, one subsidiary transfers the equity or asset held by it based on the net book value to another subsidiary, and the transferor does not receive payment.
Elite Stage is a platform that provides One-stop business Solution for start-ups and foreign enterprises, founded by Venture Capital and Elite Stage Consulting Company, individual Lawyer Partners and Deloitte Auditors. For over 8 years, Elite Stage successfully assisted more than 800 companies from all over the world with their China market entry. — Preceding unsigned comment added by Coffey.wu ( talk • contribs) 08:02, 30 June 2015 (UTC)
Hello fellow Wikipedians,
I have just modified one external link on Finance. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
This message was posted before February 2018.
After February 2018, "External links modified" talk page sections are no longer generated or monitored by InternetArchiveBot. No special action is required regarding these talk page notices, other than
regular verification using the archive tool instructions below. Editors
have permission to delete these "External links modified" talk page sections if they want to de-clutter talk pages, but see the
RfC before doing mass systematic removals. This message is updated dynamically through the template {{
source check}}
(last update: 18 January 2022).
Cheers.— InternetArchiveBot ( Report bug) 13:01, 2 August 2017 (UTC)
This
edit request has been answered. Set the |answered= or |ans= parameter to no to reactivate your request. |
119.30.32.177 ( talk) 18:13, 22 August 2018 (UTC)
Finance is a field that is concerned with the allocation (investment) of assets and liabilities over space and time, often under conditions of risk or uncertainty. Finance can also be defined as the art of money management. Participants in the market aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be split into three sub-categories: public finance, corporate finance and personal finance.[1] — Preceding unsigned comment added by 182.64.11.156 ( talk) 08:42, 22 December 2018 (UTC)
AT the bottom of this page many of t delinks look as though they do not belong in this article. Not only they seem as though they do not belong, they do not redirect you to anywhere. These should be removes as they make the website seem unreliable and unprofessional. Isabellewoods ( talk) 22:07, 28 April 2019 (UTC)isabellewoods4.28.19 Isabellewoods ( talk) 22:07, 28 April 2019 (UTC)
Hello! I am a student editor from Texas A&M University and will be working on this article for the next few weeks as part of my work for a Technical and Professional Editing course. Some issues I would like to address and hopefully remedy through my work:
Please feel free to respond with any questions or concerns you may have about my work; I look forward to contributing! Frashid01 ( talk) 00:07, 2 March 2021 (UTC)
Comments
Hi
BuzzWeiser196, thanks for finding a textbook definition
[4], but don't you think that this definition is a bit circular? It would be like saying that bakery is the study of bakers, bakeries, and baking techniques
, which does not answer the question what do bakers do?. That's not really helpful as a wikipedia definition isn't it? If you agree, I offer to find a better one myself.
JBchrch (
talk) 20:41, 14 April 2021 (UTC)
Prior content in this article duplicated one or more previously published sources. The material was copied from: https://acadpubl.eu/jsi/2018-118-18/articles/18e/31.pdf. Copied or closely paraphrased material has been rewritten or removed and must not be restored, unless it is duly released under a compatible license. (For more information, please see "using copyrighted works from others" if you are not the copyright holder of this material, or "donating copyrighted materials" if you are.)
For legal reasons, we cannot accept copyrighted text or images borrowed from other web sites or published material; such additions will be deleted. Contributors may use copyrighted publications as a source of information, and, if allowed under fair use, may copy sentences and phrases, provided they are included in quotation marks and referenced properly. The material may also be rewritten, providing it does not infringe on the copyright of the original or plagiarize from that source. Therefore, such paraphrased portions must provide their source. Please see our guideline on non-free text for how to properly implement limited quotations of copyrighted text. Wikipedia takes copyright violations very seriously, and persistent violators will be blocked from editing. While we appreciate contributions, we must require all contributors to understand and comply with these policies. Thank you. -- Asartea Talk | Contribs 12:13, 23 May 2021 (UTC)
User Fintor: With all the recent edits to the lead in this article, we've lost the following sentences and citation. I'd like to see them reinstated.
It is also the study of how to determine the value of assets such as stocks, bonds, loans, and by extension entire companies. Accurately determining value is crucial to sound business decisions. In some cases, such as one company acquiring another or entering a new line of business, judgements about asset values can make or break the investor.
[1]
I put a good deal of effort into finding this material, because I thought the article relied too heavily on citations to encyclopedia articles, some of which aren't even signed by the author. Published college textbooks are, in my opinion, some of the most authoritative reliable sources we have. The author of this textbook - a finance scholar - states that finance is the study of valuation. Let's let him have his say. Is that OK with you? Cordially,
BuzzWeiser196 (
talk) 13:52, 25 May 2021 (UTC)
Hi all. Any thoughts on whether / what links we could have here? These were removed, but are all useful, maintained by academics, and do not seem to be commercial? Thanks. Fintor ( talk) 20:52, 14 September 2021 (UTC)
Hi all. Is the article now at a stage where we can remove the Maintenance templates? Comments welcome. Thanks Fintor ( talk) 07:20, 27 December 2021 (UTC)
This article was the subject of a Wiki Education Foundation-supported course assignment, between 27 February 2022 and 5 May 2022. Further details are available on the course page. Student editor(s): Bunnyw0123 ( article contribs).
This article was the subject of a Wiki Education Foundation-supported course assignment, between 25 January 2023 and 5 May 2023. Further details are available on the course page. Student editor(s): Pa2360, Yaruduan ( article contribs).
— Assignment last updated by Pa2360 ( talk) 04:06, 23 April 2023 (UTC)