Financial Strategies of Company
EQUITY MANAGEMENT, STRATEGY AND CONTROL, M. Grabowska, ed., pp. 6-31, Częstochowa, 2010
21 Pages Posted: 15 Apr 2011 Last revised: 26 May 2011
Date Written: April 12, 2011
Financial Strategies of Companies, presents the essence of financial strategy, whose formulation is connected with making financial decisions during business activity. Fundamental definitions of the strategy and financial strategy were presented together with their decision areas and tasks. Next part of the chapter discusses basic components of financial strategy: goals, principles, financial methods and determinants. Alternative types of financial strategies (conservative, moderate and aggressive) were characterized. The effect of these strategies on financial liquidity, profitability and capital structure in the company and the level of risk was also discussed.
Keywords: financial strategy, financial decision, working capital
JEL Classification: G32
Suggested Citation: Suggested Citation