Simple Job Description of Financial Manager The financial manager is responsible for managing the financial resources of an organization. Basically, those who make a financial plan for effective use of Continue Reading
Functions of Financial Manager
Finance works as the lifeblood for an organization, without finance, it is not possible to run any business. Every business organization requires managing and ensuring the effective use of funds Continue Reading
Agency Cost
What is Agency Cost and who bears them? An agency cost is a cost of reducing agency conflict among the owner/ principal (stockholders) and managers (agent). We can also say Continue Reading
Conflict Between Shareholders and Creditors
What kind of agency conflict between shareholders and creditors may exist? A conflict between shareholders and creditors is common for the company which uses debt capital to form an optimum Continue Reading