Capital stock is the number of common and preferred shares that a company is authorized to issue, and is recorded in shareholders' equity. Capital stock is the total amount of shares a company is authorized to issue, while treasury stock is the number of shares a company holds in its treasury.The capital stock is an important source of propagation in slumps, a point that has escaped analysis in the cycle-around-trend view of fluctuations. Draw the desired capital stock in equilibrium with taxes. What happens to the capital stock and production if the tax rate increases? "Capital stock," which this tax targets, includes the value of all the physical components a firm uses to generate its goods or services, minus the firm's debt. Do stockholders in a Delaware corporation "own" it in the same sense as an owner of land held in fee simple absolute? Return comovement and its interpretation. Section 6 sets out the results from the simulations of the climate-economy model. First, intangible assets grew much faster than tangible assets throughout the 1990s and early 2000s.