Corporate Finance The Objectives Of Corporate Financial...

Introduction Every decision that a business makes has financial implications, and any decision made which in turn affects the finances of a business is a corporate finance decision. In broad terms, everything that a business does fits under the rubric of corporate finance. Each and every business, whether it be small or large, public or private, must make investment and key financing decisions (Damodaran, 1996). The objective of all businesses in corporate finance is to maximise value within the business. In this paper, aspects of corporate financial planning including the objectives of corporate financial planning, the benefits that arise from its introduction to a business will be outlined in order to give the best strategy to advise this moderately sized but rapidly growing business. Any problems that arise from any practical method of Corporate Financial planning which are introduced will be analysed and solutions to overcome these problems will be discussed. Shareholders’ wealth maxim isation is the primary objective of a company and certain strategies are implemented to achieve this objective and they will be analysed. Financial planning or Budgeting is also key to the success of any business and this will also be looked at in terms of understanding how to consult and improve this privately owned company. Objectives Maximisation of long-term shareholders’ wealth The objective of every business is to maximise its value. The value of the business is determined byShow MoreRelatedBrief Introduction Overview of McGraw Hills 9th Edition of Fundamentals of Corporate Finance655 Words   |  3 PagesReview Fundamentals of Corporate Finance – Ross, Westerfield, Jordan McGraw Hill Education (India), 2012, 878 Pp 9th edition ISBN: 13:978-1-25-9027628 Kumar Ratnesh* About Authors Stephen A. Ross is the Franco Modigliant Professor of Finance Economics at the Sloan School of management, Massachusetts Institute of Technology. Randolph W. 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