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Chapter 1 an Overview of Financial Mangement

Chapter 1 an Overview of Financial Mangement

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Published by Khurram Mirza

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Categories:Business/Law, Finance
Published by: Khurram Mirza on Jun 27, 2010
Copyright:Attribution Non-commercial


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 After reading this chapter, students should beable to:
Explain the career opportunities availablewithin the three interrelated areas offinance.
Identify some of the forces that will affectfinancial management in the new millennium.
Learning Objectives:
1 - 1
Chapter 1An Overview of Financial ManagementLEARNING OBJECTIVES
Describe the advantages and disadvantages ofalternative forms of business organization.
Briefly explain the responsibilities of thefinancial staff within an organization.
State the primary goal in a publicly traded firm, and explain how social responsibilityand business ethics fit in with that goal.
Define an agency relationship, give someexamples of potential agency problems, anidentify possible solutions.
Identify major factors that determine the price of a company’s stock, including thosethat managers have control over and those
Learning Objectives:
1 - 2
that they do not.
Discuss whether financial managers should concentrate strictly on cash flow and ignorethe impact of their decisions on EPS.
Learning Objectives:
1 - 3

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