Internal Financial Management (Classic Reprint) - Hardcover

Guernsey, Lucius W.

 
9780656818716: Internal Financial Management (Classic Reprint)

Inhaltsangabe

Excerpt from Internal Financial Management

A corporation, we naturally find ourselves assuming, secures business in satisfactory volume and increases this volume year after year. The managers draw comfortable salaries, bond holders receive their interest payments regularly, and stock holders are gratified with the dividends they are paid. Fresh capital flows in from time to time to provide for expansion; subsidiary companies are taken over; and thus there evolves in due course an extensive organization, consisting of holding company and subsidiaries, and a more or less complex financial structure.

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