MANAGERIAL FINANCE IN THE TWENTIETH IST CENTURY
MANAGERIAL FINANCE IN THE TWENTIETH IST CENTURY
When managerial finances emerged as a separate field of study in the early 1900s 'the emphasis was on the legal aspects of merger formation of new firms and the various types of securities that firms could issue to raise funds.this was if time when industrialization was sweeping the country's:"big" was considered during the great depression of the 1930showever,an unprecedented numbers of business failures caused the emphasis in finance s to shift to bankrupted and reorganization to corporate liquidity and to regulation of security market during the 1940s and early 1950s finance continued to be taught as a descriptive institutional subject ,viewed more from the stand point of an outsides rather than from that of management but with the advent of the computer for generial business uses ,the focus begans to shift towards the insider's point of view and the importances of financeial decision making to the firm. a movements towards theoretically analysis began during the 1960s and focus of managerial finances shifted to mangerial decisions regaridng the choices of assets and liabilitis necessary to maximize the valuse of firm. the focus on valuations continued through the 1980s ,but analysis was expanded to include
*deregulation of financial institutions and the resulting trend towards large,broadly diversified financial srevices companies .
*the dramatic increase in both the use of computers for analysis and electronic transfer of information.
*the increased importance of global markets and business operations .in today's fast-paced' technologically driven world the area if managerial finance continues to evolve.but to this point the tow most important trends during the 1990s have been the continued globalization of business and a further increase in the use of electronic technology.
by publish santosh
When managerial finances emerged as a separate field of study in the early 1900s 'the emphasis was on the legal aspects of merger formation of new firms and the various types of securities that firms could issue to raise funds.this was if time when industrialization was sweeping the country's:"big" was considered during the great depression of the 1930showever,an unprecedented numbers of business failures caused the emphasis in finance s to shift to bankrupted and reorganization to corporate liquidity and to regulation of security market during the 1940s and early 1950s finance continued to be taught as a descriptive institutional subject ,viewed more from the stand point of an outsides rather than from that of management but with the advent of the computer for generial business uses ,the focus begans to shift towards the insider's point of view and the importances of financeial decision making to the firm. a movements towards theoretically analysis began during the 1960s and focus of managerial finances shifted to mangerial decisions regaridng the choices of assets and liabilitis necessary to maximize the valuse of firm. the focus on valuations continued through the 1980s ,but analysis was expanded to include
*deregulation of financial institutions and the resulting trend towards large,broadly diversified financial srevices companies .
*the dramatic increase in both the use of computers for analysis and electronic transfer of information.
*the increased importance of global markets and business operations .in today's fast-paced' technologically driven world the area if managerial finance continues to evolve.but to this point the tow most important trends during the 1990s have been the continued globalization of business and a further increase in the use of electronic technology.
by publish santosh
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