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The Financial Manager and the Firm
Ron Buskirk/Alamy
Learning Objectives
Identify the key financial decisions facing the financial manager of any business firm.
Identify the basic forms of business organization in the United States and their respective strengths and weaknesses.
Describe the typical organization of the financial function in a large corporation.
Explain why maximizing the current value of the firm's stock is the appropriate goal for management.
Discuss how agency conflicts affect the goal of maximizing stockholder value.
Explain why ethics is an appropriate topic in the study of corporate finance.
On October 7, 2009, Anheuser-Busch InBev managers announced that they had reached an agreement to sell their company's Busch Entertainment Corporation subsidiary to the Blackstone ...
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