Part One Foundations of Corporate Finance(公司金融基础)

Chapter 1 Introduction(导论)

Learning Objectives

●Learn the forms of business organizations.

●Learn three main questions corporate finance aims to address.

●Learn the goal of financial management.

●Understand agency problems and ways to solve them.

Corporate finance is an important part of finance.It studies how enterprises operate,obtain funds,and allocate funds for the purpose of realizing their existence.Among them,the investment decisions,financing decisions and working capital management decisions are important parts of corporate finance.Through the study of this chapter,you can understand the basic forms of business organizations,be familiar with the main contents of corporate finance,the classic financial management objectives,as well as the principal-agent relationship and agency problems.