Business Administration - Accounting & Financial Planning FIN401 Chapter Notes - Chapter 1: Liquid Oxygen, Corporate Finance, Capital Budgeting
Document Summary
Chapter 1 - outline: what is finance, goals of financial management, functions of financial management, forms of organization, role of financial markets, summary and conclusions. Illustrate how finance builds on the disciplines of accounting and economics. (lo1) Identify the analysis and decision-making nature of finance considering return and risk. (lo2) Examine the primary goal of finance as the maximization of shareholder wealth as measured by share price. (lo3) Learning objectives management interests. (lo4: debate alternative goals of the firm on the basis of social or, outline the role of financial markets in allocating capital, Identify financial manager functions connected to the raising and investing of funds. (lo5) determining value and establishing yields. (lo6: finance is about making decisions that focus on creating value. What long-term investments or projects the firm should undertake? (capital budgeting decision) By issuing equity or debt? (capital structure decision)