Asset: Resources owner
Liabilities: Amounts or services due to others
Equity: Claims of the owners to the resources
Objectives of Corporate Finance
- Business aspect: Generate profit
- Non business aspect: Social responsibility
1. Ensure sustainability
2. Maximize the value of stakeholders
3. Some critiques of market efficiency
4. Firms and society
5. Social cost
Tags
Assets
Business Profit
Commerce
Corporate Finance Objectives
Equity
Finance
Financial Resources
Liabilities
Market Efficiency
Social Responsibility
Stakeholder Value
Sustainability