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Firm Financial Policy

Author

Listed:
  • Alexandru NEGREA

    ("Ovidius" University of Constanta)

  • Alexandra IONESCU

    ("Ovidius" University of Constanta)

Abstract

Financial policy outlines the main directions of action of the financial activity. In determining financial policy, managers must take into consideration interests of all stakeholders, given the political, social, financial and monetary context of the firm, but also the technical and technological one. In addition, the educational, environmental and scientific context must be considered when establishing the financial policy, as it also influences the latter. Therefore, within financial policy, managers must identify and adopt those financial decisions that can positively influence the future development of the firm.Present studyis intended as a tool for those interested in the future of the firm, e.g. employers, employees, banks, insurance companies, service providers, etc. It details directions of actions used by managers within financial policy in order to increase firm profits.

Suggested Citation

  • Alexandru NEGREA & Alexandra IONESCU, 2014. "Firm Financial Policy," Finante - provocarile viitorului (Finance - Challenges of the Future), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 46-49, December.
    • Handle: RePEc:aio:fpvfcf:v:1:y:2014:i:16:p:46-49
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    File URL: http://feaa.ucv.ro/FPV/016-004.pdf
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    More about this item

    Keywords

    Financial decisions; efficiency indicators; financial performance; profit function;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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