1.2 What Is Corporate Finance? Finance is a discipline that studies how individuals,businesses,and governments allocate resources and time in uncertain environments.There are two characteristics that distinguish financial decision-making from other resource allocation decisions:①The costs and benefits of fi...
Efficiency in data-heavy tasks.AI systems and automation tools dramatically reduce the time required for data processing. This is particularly useful in sectors like finance, insurance and healthcare that involve a great deal of routine data entry and analysis, as well as data-driven decision-makin...
Her work has appeared in The Associated Press, The New York Times, The Washington Post, and other outlets. See full bio. Tommy Tindall Tommy is a personal finance writer at NerdWallet. He covers savvy spending and ways to plan for a prosperous financial future. See full bio. Helpful ...
Agency cost is the price that a company pays when managers and shareholders don't have the same vision for the business and their...
Chanelle Bessette is a personal finance writer at NerdWallet covering banking. She specializes in checking and cash management accounts. See full bio. Helpful resources Overdraft Fees: Compare What Banks Charge in 2025 Why Banks Are Eliminating Overdraft Fees How to Avoid Overdraft Fees What Is an...
What Is an Appropriation? Appropriation is when money is set aside for a specific purpose. A company or a government appropriates funds in order to delegate cash for the necessities of its operations. Appropriations for the U.S. federal government are decided by Congress through various committees...
Income is the starting point of personal finance. It is the entire amount of cash inflow that you receive and can allocate to expenses, savings, investments, and protection. Income is all the money you bring in. This includes salaries, wages, dividends, and other sources of cash inflow. ...
Journal of Corporate Finance 15, 290-315.Martynova M., Renneboog L., 2009, What determines the financing decision in corporate takeovers: Cost of capital, agency problems, or the means of payment, Journal of Corporate Finance, vol. 15, 290-315...
Ensuring that the business complies with relevant local, national, and international standards; this is most important in the finance, healthcare, and utility sectors. What Is Included in a Business Continuity Plan (BCP)? At its most basic, a business continuity plan (BCP) is the simple acknow...
Elizabeth Rivelli is a freelance writer specializing in insurance and finance. Her writing has been featured in dozens of publications, including Investopedia, The Balance, Forbes, Bankrate, NextAdvisor, and Insurance.com. Elizabeth holds a degree in Communication Studies from Northeastern University. Sh...