Canada and many other countries discourage and even prohibit the use of par value for common shares

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Canada and many other countries discourage and even prohibit the use of “par value” for common shares because it could be a misleading label.

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Why is the term “par value” for common shares a misleading idea for many investors?

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Intermediate Accounting Volume 2

ISBN: 9780135220498

4th Edition

Authors: Kin Lo, George Fisher

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Question Posted: Oct 31, 2022 04:57 AM

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Canada and many other countries discourage and even prohibit the use of par value for common shares

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Intermediate Accounting Volume 2

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