Finance management

Goals of Corporate Finance

1. Stockholder wealth maximization.
2. Profit Maximization.
3. Managerial reward maximization.
4. Behavioral goals
5. Social Responsibilities.

Profit maximization
* basically single-period or short term (within 1 year)

Stockholder maximization
* Long term
* risk,
* timing of return (early is better)
* stockholder's return