The field of finance integrates concepts from economics, accounting, and a number of other areas.
The relationship of risk to return is a central focus of finance.
The primary goal of financial managers is to maximize the wealth of the shareholders.
Financial managers attempt to achieve wealth maximization through daily activities such as credit and inventory management and through longer-term decisions related to raising funds.
Financial managers must carefully consider domestic and international business conditions in carrying out their responsibilities.
Daily price changes in the financial markets provide feedback about a company's performance and help investors allocate their capital between firms.
