澳洲代写论文之Corporate Finance: roles and responsibilities
Corporate finance is often associated with Investment Banking that plays a role of to evaluate the organization’s financial requirements and then accordingly provide the best possible ways to raise the capital that could meet the requirements of any project. Such principle roles are performed by the following activities (Shaun Beaney, 2005):
• Raising start up or seed capital; expansion capital or development funding
• Mergers, acquisitions, takeovers, and demergers
• Management buy-out or buy-in, spin off activities
Several theoretical and empirical studies already done in financial economics have described and accepted that the normative and ideal goal for any enterprise is maximizing shareholder’s wealth and it has been experienced that many of the enterprises have considered as the most significant factor for decision making process (Brealey and Myers (2003), Brigham and Ehrhardt (2002), Moyer, McGuigan and Kretlow (2003)). Jensen (2001) has strongly argued that maximizing the market value of the firm is the most purposeful and single-valued objective function for effective and efficient management.
Maximizing shareholder’s wealth has been considered a desirable goal from the society perspective as well, not only from the shareholder’s perspective as it helps to lead the society’s wealth in turn along with the firm’s wealth (Jensen, 2001).