1. The Role of Financial Managers
... budgeting, a capital structure decision, financial management, corporate governance function, and risk- management. Corporations raise capital by selling debt which are bonds and notes, and equity which is stock claims against themselves - either directly to investors or indirectly to financial intermediaries, such as commercial banks. Financial managers distribute these funds to the most attractive investment opportunities. The ... holding the firms securities can trade them with other investors. Trades between investors generate no new cash flows for the firm and are called secondary ...
- Word Count: 1383
- Approx Pages: 6
- Grade Level: Graduate