财务管理基础英文摘要

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2、FoundationsofFinancialManagementPart1IntroductionChapter1TheGoalsAndFunctionsofFinancialManagementSummarynThischaptertracestheevolutionandinterrelationshipsoffinanceasafieldofstudyandtheroleofthefinancialmanagerinadynamiceconomy.1.ThefieldofFinance.nA.Thefieldoffinanceiscloselyrelatedtoeconom

3、icsandaccounting.n1.Economicsprovidesastructurefordecision-makinginsuchareasas:na.Riskanalysis.nb.Pricetheory.nc.Comparativereturnanalysis.1.ThefieldofFinance.n2.Economicsprovidesthebroadpictureoftheeconomicenvironmentincludingthe:na.InstitutionalstructureoftheFederalReserveSystem.nb.Commercia

4、lbankingsystem.nc.Interrelationshipsbetweenvariouseconomicsectors.1.ThefieldofFinance.n3.Accounting,sometimessaidtobethelanguageoffinance,providesfinancialdatathroughincomestatements,balancesheets,andthestatementofcashflows.n4.Financelinkseconomictheorywithaccountingdata.Allcorporatemanagersmu

5、stbefamiliarwithsuchdatainordertoassessthefinancialperformanceofthefirm.1.ThefieldofFinance.nB.Thedemandforfinancialmanagementskillsexistsinmanysectorsofaglobalsocietyincludingcorporatemanagement,financialinstitutions,andconsulting.2.Financeasafieldofstudyhasevolvedovertimeinresponsetochanging

6、businessmanagementneeds.nA.Financeachievedrecognitionasaseparatefieldofstudyinresponsetothecreationofgiantcorporationsattheturnofthecentury.nB.TheworstdepressioninUnitedStates’historycausedashiftinemphasisfromrapidmergergrowthtopreservationofcapital,liquidity,reorganization,andthebankruptcypro

7、cess.2.Financeasafieldofstudyhasevolvedovertimeinresponsetochangingbusinessmanagementneeds.nC.Themostsignificantstepintheevolutionofcontemporaryfinancialmanagementbeganinthemid-1950s.Emphasiswasplacedontheanalyticallydeterminedemploymentofresourceswithinthefirm.Thedecision-makingnatureoffinanc

8、ialmanagementwasmanifestedintheenthusiasmforthestudyof:2.Financeasafieldofstudyhasevolvedovertimeinresponsetochangingbusinessmanagementneeds.n1.Allocationoffinancialcapitalforthepurchaseofrealcapital(plantandequipment).n2.Efficientutili