E-Books →Corporate Finance, Governance, and Social Responsibility

Free Download Corporate Finance, Governance, and Social Responsibility by Ştefan Cristian Gherghina
English | PDF | 2023 | 536 Pages | ISBN : 3036580921 | 9 MB
Corporate finance is a branch of finance that focuses on how companies handle their cash flow, raise capital, make investments, and implement accounting systems. It covers crucial topics, including capital planning, capital structure, and working capital administration. Every corporate financial action has financial consequences, as they involve the allocation of money in a certain manner (Damodaran 2014). Corporate finance's primary responsibility is to make sound business decisions that increase shareholder value, while reducing risks and maximizing returns. A corporation's ability to motivate and engage all of its managers and staff in generating wealth will define its level of excellence (Brealey et al. 2011). In line with stakeholder theory (Freeman 1984), managers should consider the demands of all involved parties in a company, not only stockholders.