Introduction to Finance

Ivan K. Cohen

Chapter 1 in Focus on Finance:Everything You Need to Know About Financial Management, 2026, pp 1-22 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:What is Finance?The stuff of financeFinance versus AccountingThe firmWhat is a firm?The objective of the firmBusiness structureSole proprietorshipPartnershipLimited companiesThe finance functionPrincipals and agentsMaximisation vs satisficingManagement goalsShareholders’ goalsBondholders’ goalsOther stakeholders’ goalsIn summarySample questions (discussion)

Keywords: Finance; Financial Management; Finance Theory; Corporate Restructuring; Financial Forecasting; Mergers and Acquisitions; M&A; Fintech; Central Bank Digital Currencies; Cryptocurrencies; Digital Finance; Valuation; Company Valuation; Corporate Restructuring; Pensions; Financial Markets; Financial Institutions (search for similar items in EconPapers)
JEL-codes: G11 G17 G30 G31 G32 (search for similar items in EconPapers)
Date: 2026
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