This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: 1-1OVERVIEWTopic 1Chapter Outline1cIntroductioncThe Goal of Financial ManagementcThe Agency Problem and Control of the CorporationTraditional Financial Institutions2cCompanies that specialize in financial mattersrBanks commercial and investmentCConvergence and recent developmentrBrokerage firmsrInsurance companiesCConvergencerJust to name a fewTraditional areas3cWork with financial assets such as stocks and bondscValue of financial assets, risk versus return, and asset allocationcJob opportunitiesrStockbroker , financial plannerrSecurity analyst, portfolio managerrAnd many moreQ&A: Business Finance4cSome important questions that are answered using financerWhat long-term investments should the firm take on?rWhere will we get the long-term financing to pay for the investments?rHow will we manage the everyday financial activities of the firm?Approach: Financial Management Decisions5cCapital budgetingrWhat long-term investments or projects should the business take on?...
View Full Document
- Spring '10