Finance for Managers (Fach) / Chapter1 (Lektion)
In dieser Lektion befinden sich 7 Karteikarten
Important stuff
Diese Lektion wurde von Marekhenk erstellt.
- What is the subject of financial management? Capital budgeting (What long-term investments should the firm undertake?) Capital structure (How should the firm raise money to fund these investments?) Working capital management (How can the firm best ...
- What are the three typical forms of businesses? Sole proprietorship Partnership Company
- What are benefits of a company? Liability of owners, Management control Ease of capital raising Transferability of ownership
- What is the goal of the financial manager? Maximise Shareholder Value
- What is the efficient capital markets assumption? The values of all assets and securities at any instant in time fully reflect all available information.
- What has led the era of the multinational corporation? ... Acceptance of free market systems in developing countries deregulation of local markets internationalisation of the Australian economy
- What is the aftermath of the global financial crisis? ... The scale and impact was immense It resulted in new reforms The impact is still continuing It influences the 10 principles of financial management