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What is Chapter 1 about?

Chapter 1 introduces the role of managerial finance, defining finance as the management of money and outlining the functions of financial managers in businesses. It discusses the legal forms of business organization, the goal of maximizing shareholder wealth, and the importance of corporate governance in managing agency problems. Additionally, it highlights the relationship between finance, economics, and accounting, and emphasizes the need for financial managers to align their interests with those of share

Author

ghalaalzahrani800

Language

EN