财务管理基础英文摘要

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2、FoundationsofFinancialManagementPart1IntroductionChapter1TheGoalsAndFunctionsofFinancialManagementSummarynThischaptertracestheevolutionandinterrelationshipsoffinanceasafieldofstudyandtheroleofthefinancialmanagerinadynamiceconomy.1.ThefieldofFinance.nA.Thefieldoffinanceiscloselyrelatedtoeconomicsa

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

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

5、withsuchdatainordertoassessthefinancialperformanceofthefirm.1.ThefieldofFinance.nB.Thedemandforfinancialmanagementskillsexistsinmanysectorsofaglobalsocietyincludingcorporatemanagement,financialinstitutions,andconsulting.2.Financeasafieldofstudyhasevolvedovertimeinresponsetochangingbusinessmanageme

6、ntneeds.nA.Financeachievedrecognitionasaseparatefieldofstudyinresponsetothecreationofgiantcorporationsattheturnofthecentury.nB.TheworstdepressioninUnitedStates’historycausedashiftinemphasisfromrapidmergergrowthtopreservationofcapital,liquidity,reorganization,andthebankruptcyprocess.2.Financeasafie

7、ldofstudyhasevolvedovertimeinresponsetochangingbusinessmanagementneeds.nC.Themostsignificantstepintheevolutionofcontemporaryfinancialmanagementbeganinthemid-1950s.Emphasiswasplacedontheanalyticallydeterminedemploymentofresourceswithinthefirm.Thedecision-makingnatureoffinancialmanagementwasmanifest

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