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Fiancial Analysis

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Autor:   •  March 9, 2018  •  Course Note  •  397 Words (2 Pages)  •  122 Views

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A publicly traded corporation is defined by its ownership, and its shares were issued to the public through an initial public offering (Lameck, 2017). The goal of financial management is to maximize the current value per share of the existing stock (Ross, Westerfield, & Jordan, 2016). This is the goal because when the traded corporation grows there is a result of the profit. There could be ethical conflicts that could result from focusing on this goal. The financial manager best serves the owners of a business by identifying goods and services that add value to the firm because they are desired and valued in the free marketplace to be ethical as they increase the value of the equity in the firm (Ross, et al, 2016).  Employees of the corporation could develop many stressors from these goals. There could be high pressure situations and unethical performances can happen when accomplishing these goals.

Governance can also be termed as the function of managing a corporation with a view to realize the corporation objectives, which are beneficial to the investor, employees and other stakeholders (Kummamuru, 2016). Corporate governance addresses the major challenge of granting discretionary powers to managers to run the business and ensuring that they are accountable for the business (Kummamuru, 2016).

Looking at biblical sources we can look at Jerry White principle reasonable profit in which as a CFO is a business person they can see the price of our service or product is above our cost as which helps there primary goal. To the working employees of the CFO’s it is the amount of our wages for our service to the organization (White, 2007).  Luke 3:14 says to be content with our wages, but the Bible also reminds the employer in 1 Timothy 5:18 that the laborer is worthy of his wages (White, 2007). As the CFO maintains the finance value firm and maximizes shareholder value they always are worthy of wages.

References:

Kummamuru, V. (2016). Corporate Governance: A Cybernetic View. IUP Journal Of Corporate Governance, 15(2), 59-78.

Lameck, A. (2017, September 26). What Are the Primary Goals of a Publicly Traded Corporation? Retrieved February 28, 2018, from https://bizfluent.com/info-12097193-primary-goals-publicly-traded-corporation.html

Ross, S. A., Westerfield, R., & Jordan, B. D. (2016). Fundamentals of corporate finance. New York, NY: McGraw Hill Education.

White, J. E. (2007). Honesty, morality, & conscience: making wise choices in the gray areas of life. Colorado Springs: Navpress.

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