Objectives Flashcards
(3 cards)
1
Q
Financial strategy decisions
A
Financing
Investment
Dividend
Risk management
2
Q
Stakeholders
A
Management
Employees
Customers
Lenders
Suppliers
Shareholders
Government
Community
3
Q
Agency problem solutions
A
Managerial reward schemes (share option schemes)
Corporate governance
Audit
Costs of these arrangements = agency costs
