25044822
Description
Flashcards by Nathan Waghorn, updated more than 1 year ago
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Created by Nathan Waghorn
about 4 years ago
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| Question | Answer |
| Financial Management | Obtaining and disposing of financial resources to reach certain objectives. |
| Earnings Per Share (EPS) (formula) | = Profits available to shareholders / number of ordinary shares |
| Total Shareholder Return (formula) | = (Dividend + change in share price) / share price at start of year |
| Agency Relationship | This is the relationships between the owners (shareholders) of a company and the managers (agents) who the owners have appointed to run the company on their behalf. |
| Corporate Governance | The rules that dictate how the business behaves. |
| Goal Congruence | The synergy between the objectives of the agents and the organization as a whole. |
| Stakeholders | Whoever has an interest in an organization that would be affected by its actions. |
| Value for Money | Maximum value from the lowest cost. |
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