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What are the two important classes of goals identified by socioemotional theory? How do they differ across different age periods?
Retained Earnings
Cumulative net income of a company that has not been distributed to shareholders as dividends, reinvested in the business.
Non-Controlling Interest
The equity in a subsidiary not attributable, directly or indirectly, to a parent company.
Consolidated Shareholders' Equity
This is the total equity owned by shareholders as reported in the consolidated financial statements of a parent company and its subsidiaries.
Equity Method
An accounting technique used to record investments in which the investor has significant influence over the investee, typically through owning a large percentage of its stock.
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