Value Chain: Definition and Model.

The Value Chain: Definition, Model, Analysis, and Example What are the characteristics of value chain? 1. The value chain is a concept developed by Michael Porter that can be used to understand the process by which businesses create value for their customers. 2. The value chain is a tool for analyzing how businesses create value, … Read more

What Is Indenture to a Bond Issuer?

A bond indenture is a legal contract between a bond issuer and a bondholder that lays out the terms and conditions of the bond issue. The indenture sets forth the rights and obligations of the issuer and the bondholders, and contains covenants that protect the interests of the bondholders. The indenture is signed by the … Read more