Finance and its Fundamental Problems

Zhiqiang Zhang ()
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Zhiqiang Zhang: Renmin University of China

Chapter Chapter 1 in Finance – Fundamental Problems and Solutions, 2013, pp 1-8 from Springer

Abstract: Abstract There are currently numerous misunderstandings about finance. Those misunderstandings decay our ability and judgment on financial research and financial theory, and are the important reasons why most of the fundamental financial problems remain unsolved after 60 years’ intensive research. This chapter tries to rectify some misleading concepts via exploring the relationships between financial theory and business practice as well as the relationships between financial theory and other academic theories.

Keywords: Cash Flow; Capital Structure; Financial Asset; Asset Return; Decision Science (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-642-30512-2_1

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DOI: 10.1007/978-3-642-30512-2_1

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