________ pool investment capital,make risky investment decisions,and manage risky investments on behalf of investors who would otherwise not be able to do so own their own.

Question

Quizplus · Accepted Answer

Firms are entities that can pool investment capital from multiple investors, make risky investment decisions, and manage those investments on behalf of the investors. This is a key function of investment firms, such as hedge funds, private equity firms, and mutual fund companies. Stockholders, stakeholders, and regulators do not necessarily have the ability to manage investments on behalf of others in the same way that firms do.

________ Pool Investment Capital,make Risky Investment Decisions,and Manage Risky Investments