1. We won't take on additional risk unless we expect to be compensated with additional return.
Ri = Rf + bi(Rm - Rf) <= Capital Asset Pricing Model
2. A dollar received today is worth more than a dollar received in the future.
3. Cash, not profit, is king!
Value of asset = Present value of expected future cash flows it will generate!
4. Incremental Cash Flows: It's only what changes that counts
5. The Curse of Competitive Markets.
6. Capital Markets quickly reflect new information as changes in prices
7. Managers won't work for owners unless it is in their best interest
8. Taxes Bias Business Decisions
9. All risk is not equal. Some risk can be diversified away and some can not.
10. Ethical Behavior
what is financial Management reporting
what is Financial Management Strategy
Financial Management Board
functions of financial management
how domestic finance management is different in multinational finance management
what is financial management function?
what is financial management function?
what is financial Management reporting
what is Financial Management Strategy
Financial Management Board
functions of financial management
What is the similarity between financial managment and strategic financial managment
how domestic finance management is different in multinational finance management
There are many institutions which offers financial management courses. Some of which are the Franklin University that offers financial aid, and Wealth Management Institute that offer premiere financial management course.
The contributions of economics to financial management include its concentration of monetary activities which are essential to financial management. Economics is concerned with the interrelation of financial variables, such as prices, interest rates and shares which are also essential parts of financial management.
They do not have a financial management background
Answering "If you have no intention of becoming a financial managerwhy do you need to understand financial management?"