1. The Role of Financial Managers
Corporate finance can be defined as the science of managing money in a business environment. ... Financial managers distribute these funds to the most attractive investment opportunities. ... Sole proprietorship and partnerships face very limited external funding opportunities, but the choices for corporations are much richer. ... When a business sells securities to investors in exchange for cash, it raises capital in a primary market transaction. In such a transaction, money flows from investors to firms, and the firms invest the money they receive to exploit investment opportunities. ...
- Word Count: 1383
- Approx Pages: 6
- Grade Level: Graduate