Role of the Financial Manager

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Issue:

Business

 

Written by:

Paul M

 

Date added:

May 17, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 729

 

Was viewed:

8288 times

 

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Essay content:

The fact is that this does not always ensure a firm's financial managers, employees or the shareholders viewpoints on maximizing shareholder value are one and the same. In the broadest sense of the term, a financial manager can be anyone within a firm that has the responsibility for major investments or decisions concerning financial matters (Brealey, Meyers, and Allen, 2005, p...
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8). This responsibility falls on numerous individuals within a firm. In most United States firms, ultimate accountability for financial activities is in the hands of the corporation's Chief Financial Officer (CFO) and Chief Executive Officer (CEO), and at times less important officers (Ross, Westerfield, and Jaffe, 2004, p...
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