CHAPTER 1: The Goals and Functions of Financial Management.

Introduction and Evolution of Field Finance

Is closely related to economic and occounting

Emerged as a field separate from economics

Risk Management and the Financial Crisis

Began with the huse bubble

Functions of financial Management

Allocate funds to current and fixed assets

Corporative Governance

Governed by the borads of directions

Goals of Financial Mnagement

Earn the highest possible profitfor the firm

The Role of the Financial Markets

Structure of Financial Markets

Functions of Fianancial Markets