Role of Financial Manager

Essay specific features

 

Issue:

Business

 

Written by:

Carlene C

 

Date added:

February 18, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 937

 

Was viewed:

5963 times

 

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Essay content:

In addition, if left to engage in their own goals rather than those of shareholders, financial managers will choose to make decisions that allows them to rely on internally generated cash flows rather than depending on outside financial markets. The result of these two goals is that managers may have a different objective than shareholders; that of maximizing corporate wealth, which is not necessarily the same thing as shareholder wealth...
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To be successful corporate finance managers have several courses of action that can increase shareholder value. Two key factors are financing the company at the lowest maintainable after-tax cost and apportioning capital resources to investments that assure the highest risk-adjusted returns to investors (Lupia, 2006)...
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