1. The Role of Financial Managers
Corporate finance can be defined as the science of managing money in a business environment. Another accurate definition is corporate finance involves six basic related functions: financing, capitol budgeting, a capital structure decision, financial management, corporate governance function, and risk- management. Corporations raise capital by ... 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 same f...
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