About this document
10 Principles of Financial Management by Mary Joy Caro Castaños is a document available to read on EtoBox.
This document outlines 10 principles that form the foundations of financial management. It discusses the first principle which is the risk-return tradeoff, where investors expect higher returns for taking on more risk. It also covers the time value of money principle, where money received today is worth more than money received in the future. Additionally, it discusses how cash flows, not profits, are most important when evaluating projects and that only incremental cash flows from new projects or decisions
- Author
- Mary Joy Caro Castaños
- Language
- EN