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Ordinary shares and preference shares are two primary types of equity instruments used by tourism companies and other businesses to raise capital. Understanding their characteristics and distinctions is essential for efficient financial management in the tourism sector, where capital requirements for infrastructure, marketing, and seasonal operations are significant. Ordinary shares, also known as common shares, represent the basic ownership in a company. Holders of ordinary shares are the true owners of the business and have voting rights in corporate decisions, including the election of directors. In the ___ _________ ________ __________ __________ ________ _______ _________ ____ ______ _____ _________.
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