Who helped form the modern financial system?
the Dutch
When?
early modern period
Who was the first company to issue bonds to the public?
The Dutch East India Company
Were they also the first publicly traded company?
Yes
What is a name for a corporation whose ownership is spread out among the public?
public corporation
Any other names?
Yes
Such as?
publicly held company
Where are the shares of stock traded?
stock exchange
Anywhere else?
over the counter market
Are some public companies required to be listed on a stock exchange?
Yes
What is a company called that is listed?
listed company
What about a company that is not listed?
unlisted public company
Who created the first transferable government bonds?
Italian city-states
Did they also create the necessary elements of a complete capital market?
No