FINE 2000 Chapter Notes - Chapter 1: Iridium Satellite Constellation, Jim Balsillie, Mike Lazaridis
Document Summary
Corporate finance involves financing decisions made by companies. Financial managers: work with other managers to identify investment opportunities and decide how much to invest: mike lazaridis, one of the founders of rim dropped out of university of waterloo to operate. Company started to receive funding from myriad sources and even released their ipo. Investment decisions for the company became more complex as it grew: consider investing in specific sectors or acquisitions. Financing decisions were also very complicated: choices, as to how to raise cash were constrained; initially limited to family money and bank loans but later got the attention of government bodies, shareholders and other investors. Companies need to be good at producing goods and services to be able to meet their customers" needs. Each company must be good at finance; make good investment and financing decisions. It is the decision about which real assets the firm should acquire. Investment decisions start with identification of investment opportunities.
