The role of the financial manager

Instructions:

In this discussion forum, you will discuss the role of the financial manager and the main decisions they have to face in order to fulfill the mission of the company they manage. After reviewing the required study material, briefly discuss the following question:

Of the three managerial decisions faced by the financial manager in his administrative role, which one do you understand adds the most value to the firm and why?

In stating your answer, you should:

• Identify and analyze the three main decisions that the financial manager faces as part of his administrative functions within the company.
• State and explain if these decisions are aimed at maximizing the wealth of the shareholders or owners of the company, regardless of whether they are for-profit or non-profit companies.
• Argue if any of these three decisions has a greater impact on the success of the firm and the maximization of shareholders' profits.
• Justify your point of view by presenting examples.