M1 Flashcards
Is a team broadly describing the study and system of money, investment, and other financial instrument
finance
a science and act of managing money
financial decision
the act of estimating revenue and expenses over a period of time
budgeting
come in many form that will generate income
investments
when faced with financial difficulties we go for people or institution that will give us money we need
sources of funds
a business owned by one person that is for his or her own profit
sole proprietorship
are often owned by family members whose stocks may not be offered by outsider unless consent by family member
privately own corporation
owned by investor and are traded by organization exchange like the Philippines stock exchange
publicly listed companies
privately owned companies
- SM Investments Corporation
- JG Summit Holdings Inc
- Ayala Corporation
controlled by sy family, it operate in retail banking and real estate but remains family owned
SM Investments Corporation
founded by gokongwei family, it is involve in food, airline, real estate and petachemicals
JG Summit Holdings Inc.
Although it has some publicly listed subsidiaries Ayala Corporation itself remain majority owned by Ayala family
Ayala Corporation
wealth maximization
stock or shares
how is the wealth of shareholders measured
based on current market price of corporations stock
