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Common stock
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== Ownership rights == Common stocks exist on both public and private markets, however the accessibility differs because only [[public companies|publicly]] traded companies may have common stock publicly listed. Some companies may for various reasons delist some or all of their shares from the public market and common stock may then be converted to [[limited company|limited]] common stock, other stock or be liquidated altogether.<ref>{{cite web |title=An Empirical Analysis of Common Stock Delistings |url=https://www.cambridge.org/core/journals/journal-of-financial-and-quantitative-analysis/article/abs/an-empirical-analysis-of-common-stock-delistings/10F9709E318D359B713983E4A6CDF41F |publisher=Cambridge University Press |access-date=12 April 2023}}</ref> Common stocks [[listing (finance)|listings]] may be used as a way for companies to increase their [[paid-in-capital|equity capital]] in exchange for dividend rights for shareowners. Listed common stock typically comes in the form of several stock classes in order for companies to remain in partial control of their stock voting rights. [[Non-voting stock]] may be [[shares outstanding|issued]] as a separate class.<ref>{{cite journal |title=The Supply of Money and Common Stock Prices |url=https://www.jstor.org/stable/2326082 |publisher=JStor |jstor=2326082 |access-date=12 April 2023 |last1=Homa |first1=Kenneth E. |last2=Jaffee |first2=Dwight M. |journal=The Journal of Finance |date=1971 |volume=26 |issue=5 |pages=1045β1066 |doi=10.1111/j.1540-6261.1971.tb01747.x |url-access=subscription }}</ref>
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