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Economic Analysis: Theory and Practice
 

Genesis of financial management and its nature at the stage of modern economy

Vol. 9, Iss. 30, SEPTEMBER 2010

Available online: 30 September 2010

Subject Heading: THE THEORY OF FINANCIAL MANAGEMENT

JEL Classification: 

Endovitsky D.A. doctor of economic sciences, professor of chair «Economic analysis and audit», Voronezh State University
eda@econ.vsu.ru

The paper presents the results of the research of the genesis of the financial management, it reveals stages of its formantion and development. Particular attention is paid to the characteristics of factors that influenced the alterations in the set of objectives and facilitated the appearance of new paradigms of the financial management, as well as to the description of the approach to the management of investing via shareholder wealth maximization, and to the nature of financial management.

Keywords: genesis of financial management, factors and events in financial management, value-based management

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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