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Finance Chapter 1 finance chapter 1

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Define finance and the managerial finance function.
Describe the goal of the firm, and explain why maximizing the value of the firm is an appropriate goal for a business.
Identify the primary activities of the financial manager.
Explain the key principles that financial managers use when making business decisions.
Describe the legal forms of business organization.
Describe the nature of the principal–agent relationship between the owners and managers of a corporation, and explain how various corporate governance mechanisms attempt to manage agency problems.

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1 comment

ytuong1 07/12/2021 - 3:27 Chiều

Dear Friends,
I have a question:
I am confusing the order of creation between 3 documents: Financial Planning, Financial Modeling, and Financial Budgeting. Could you help ?. Thank you.

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