Corporate governance and impact on financial decision making

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Think about corporate governance and its impact on financial decision making. We've seen how important certain factors and estimates, such as the cost of capital, forecasts of interest rate changes, etc., can be to the reliability of project valuation and capital budgeting. What can and should management in a company, including the Board of Directors, do to ensure that financial decisions are being made on the most sound basis possible? How can financial managers help with this?

Reference no: EM131303559

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