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Shvoong Home>Business & Finance>Investing>What Is Finance (Really)? Review

What Is Finance (Really)?

Academic Paper Review   by:FinanceSimple     Original Authors: Brigham and Houston;
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I believe that by my definition, Finance is simply an "Art" to maximizing Stakeholder (not Stockholder). It has become a responsibility for the finance people not to think only maximizing stockholder because nowadays, this subject has become broader combined with the responsibility in the internal company so that maximizing from the internal (such as: Employees, managements) and external (such as: Government, societies, suppliers, customers, investors) can enhance our relationship toward improving not only for the investors, however also for the rest of the "team" in order to have a solid company.
By implementing this simple definition, It can "advertise" the company in consideration that employees, government, societies, suppliers are also investors and we rather forget the more important aspect and only focus in the "broad areas" which is attracting investors that have huge amount of money rather than focusing on the core system of the finance itself.
Published: October 13, 2010   
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