Why do companies consider sold stocks an asset?

Why are they anything to the company but a liability because if they are sold again the company gets nothing. About the only thing I can see is that it means is that people think the company is doing well and so buy the stocks but the company gets none of that really except to satisfy the confidence fairy. So really all this stock market business just seems to be to me pretty much a financial scam except for those companies that pay dividends which is a cost to the company. So other than an initial infusion of cash what good are stocks to a company that they consider them an asset?? I have worked in finance and analysis for over 30 years and still cannot get corporate accounting. It all sounds like smoke and mirrors.

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  • Patricia Branigan
    published this page in Ask Prof. Wolff 2017-11-07 07:34:30 -0500