1. The Role of Financial Managers
Corporate finance can be defined as the science of managing money in a business environment. ... In such a transaction, money flows from investors to firms, and the firms invest the money they receive to exploit investment opportunities. ... Likewise, managers may feel the need to increase the wealth of owners, but they also want to protect their own jobs. ... When considering alternative strategies, financial managers should undertake only those actions that they expect will increase the firm's share price. ... The capital budgeting decision asks how much money the company should invest...
- Word Count: 1383
- Approx Pages: 6
- Grade Level: Graduate