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[solution] » "After we have an overall picture of finance, we will discuss four important variables in the bus

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"After we have an overall picture of finance, we will discuss four important variables in the business environment that can and do have significant impact on the firm's financial decisions. These are (1) the organizational form of the business, (2) the agency relation ship between the managers and owners of a firm, (3) ethical considerations as finance is applied in the real world, and (4) the source and implications of the current financial crisis" (Cornett, p. 3).

Which variable do you believe is most critical to financial management, and why?  Please provide an example.

 


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