The document discusses 3 questions: 1) The 3 main tasks of a financial manager are to obtain financing, manage assets, and make investment decisions. 2) A principal-agent problem in a corporation occurs when managers make decisions that benefit themselves and not shareholders. 3) A corporate bankruptcy filing can lead to a change in ownership as new investors or owners take control of the reorganized company.
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corporate finance.pptx
4. 1. What are the three main tasks of a financial manager?
2. What is a principal-agent problem that may exist in a corporation?
3. How may a corporate bankruptcy filing affect the ownership of a
corporation?
8. "There's no luck in business. There's only drive, determination, and more drive.
Name of which entrepreneur/ businessman comes to your mind reading the quote.