Finance Theory and Financial Strategy
Stewart C. Myers
Abstract
Stewart C. Myers
Abstract
Despite its major advances, finance theory has had scant impact on strategic planning. Strategic planning needs finance and should learn to apply finance theory correctly. However, finance theory must be extended in order to reconcile financial and strategic analysis.
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Despite its major advances, finance theory has had scant impact on strategic planning. Strategic planning needs finance and should learn to apply finance theory correctly. However, finance theory must be extended in order to reconcile financial and strategic analysis.
Key concepts: Finance, Strategic financial management, Financial modeling, Order (exchange), Strategic planning, Corporate finance, Financial engineering, Business