The Stakeholder Theory
Course material - 1 pages - Finance
Stakeholders are usually those in a firm who have an interest in the resources and activities of the company. They contribute to the wealth-creating capacity of the company, it's often composed of shareholders, employees, suppliers. They can be external or internal. In this case the internal...
Managerial Finance
Course material - 12 pages - Finance
Financial markets: - Financing investments (for firms) ; - Inter-temporal allocation of cash-flows (for consumers/investors) ; - Risk transformation: risk-diversification and tis-transfer (for firms and investors). Companies are the unit of observation of this...
Financial globalization
Course material - 3 pages - Finance
The term financial globalization refers to a free movement of finance across national boundaries without facing any restrictions. Financial globalization requires the introduction of a worldwide single currency managed and regulated by a single international monetary authority. The first...
