财务管理基础英文摘要

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2、FoundationsofFinancialManagementPart1IntroductionChapter1TheGoalsAndFunctionsofFinancialManagementSummarynThischaptertracestheevolutionandinterrelationshipsoffinanceasafieldofstudyandtheroleofthefinancialmanagerinadynamiceconomy.1.ThefieldofFinance.nA.Thefieldoffinanceiscloselyrelate

3、dtoeconomicsandaccounting.n1.Economicsprovidesastructurefordecision-makinginsuchareasas:na.Riskanalysis.nb.Pricetheory.nc.Comparativereturnanalysis.1.ThefieldofFinance.n2.Economicsprovidesthebroadpictureoftheeconomicenvironmentincludingthe:na.InstitutionalstructureoftheFederalReserveS

4、ystem.nb.Commercialbankingsystem.nc.Interrelationshipsbetweenvariouseconomicsectors.1.ThefieldofFinance.n3.Accounting,sometimessaidtobethelanguageoffinance,providesfinancialdatathroughincomestatements,balancesheets,andthestatementofcashflows.n4.Financelinkseconomictheorywithaccounting

5、data.Allcorporatemanagersmustbefamiliarwithsuchdatainordertoassessthefinancialperformanceofthefirm.1.ThefieldofFinance.nB.Thedemandforfinancialmanagementskillsexistsinmanysectorsofaglobalsocietyincludingcorporatemanagement,financialinstitutions,andconsulting.2.Financeasafieldofstudyha

6、sevolvedovertimeinresponsetochangingbusinessmanagementneeds.nA.Financeachievedrecognitionasaseparatefieldofstudyinresponsetothecreationofgiantcorporationsattheturnofthecentury.nB.TheworstdepressioninUnitedStates’historycausedashiftinemphasisfromrapidmergergrowthtopreservationofcapital

7、,liquidity,reorganization,andthebankruptcyprocess.2.Financeasafieldofstudyhasevolvedovertimeinresponsetochangingbusinessmanagementneeds.nC.Themostsignificantstepintheevolutionofcontemporaryfinancialmanagementbeganinthemid-1950s.Emphasiswasplacedontheanalyticallydeterminedemploymentofr

8、esourceswithinthefirm.Thedecision-makingnatureoffinancialmanagementwasmanifestedintheenthusiasmforthestudyof:2.Financeasafieldofstudyhasevolvedovertimeinresponsetochangingbusinessmanagementneeds.n1.Allocationoffinancialcapitalforthepurchaseofrealcapital(plantandequipment).n2.Efficient

9、utili