Preference Shares: Types, Features and Advantages

After reading this article you will learn about Preference Shares:- 1. Types of Preference Shares 2. Features of Preference Shares 3. Advantages 4. Disadvantages. Types of Preference Shares: Preference shares are of the following types: (a) Cumulative Preference Shares: These shares have a right to claim dividend for those years also for which there are no profits. Whenever there are [...]