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Managerial finance is, as above, also focused on the overall financial-structure of the business, including its realized impact on cash flow and profitability. It is thus interested in long-term revenue / business optimization, while also minimizing the potential impact of any financial shocks on short term performance.
Principles of Corporate Finance is a reference work on the corporate finance theory edited by Richard Brealey, Stewart Myers, Franklin Allen, and Alex Edmans. [1] [2] The book is one of the leading texts that describes the theory and practice of corporate finance.
Financial risk management is the practice of protecting economic value in a firm by managing exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring ...
Here are some of the best investment books for beginners to consider adding to their reading lists.
Public finance is the study of the role of the government in the economy. [1] It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. [2] The purview of public finance is considered to be threefold, consisting of governmental effects on ...
A closer look at how CDs work, the different types available and how to open this high-yield deposit account.
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