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The three internal corporate governance mechanisms are ownership concentration, board of directors, and the market for corporate control.
Maturity Risk
The risk associated with the fixed income instrument reaching its maturity date, affecting the investment's interest rate and return.
Capital Leases
A capital lease is a lease classified as an asset purchase for accounting purposes, whereby lessee records the leased asset as if it was bought.
Financing Leases
Long-term lease agreements that are categorized as a means of financing the acquisition of assets.
Civil Society
A realm of organized social life that is voluntary, self-generating, self-supporting, autonomous from the state, and bound by a legal order or set of shared rules.
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