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Chapter 1: Introduction and Overview of Financial Management
https://doi.org/10.1142/9789811239045_0001Cited by:0 (Source: Crossref)
Abstract:
The following sections are included:
Introduction
What is Finance?
Areas of finance
Finance in the Organization Chart
The place of finance in the organization
The role of the financial analyst
Relationships between finance and the other business disciplines
The Goal of a Firm
Measuring shareholder wealth
Why not measure performance by some other criterion?
What about ethics?
Criterion for nonpublic firms
Corporate Governance
The principal-agent problem
Reducing agency problems
Forms of Business Organizations
Proprietorship
Partnerships
Corporations
Tax Rates
Average and marginal tax rates
Outline of the Book
Summary
