[FIN 300] - Midterm Exam Guide - Everything you need to know! (75 pages long)

• School: Ryerson University
• Department: Finance
• Course: FIN 300
• Professor: Laleh Samarbakhsh

Document Summary

Chapter 1: introduction to corporate finance (textbook notes) Will you bring in other owners or will you borrow the money: how will you manage your everyday financial activities. A feature of large corporations is that the owners (the shareholders) are usually not directly involved in making business decisions o. Corporation employs managers to represent owners" interests and make decisions on their behalf o o. Financial manager is in charge of answering the three questions. Challenging tasks because changes in firm"s operations, and shifts in canadian global financial markets, mean that the best answers for each firm are changing, and sometimes quite rapidly. Financial management function is usually associated with a top officer of the firm (cfo) Reports to president (coo) in charge of day-to-day operations. As businesses grow, there usually is a growing pattern among large companies to separate the roles of the chairman and ceo: vice president of finance coordinates the activities of the treasurer and controller.