Abstract
As discussed in Chapter 1, to achieve the benefits of good corporate governance (GCG) practices a company needs sound financial management strategies. It is necessary that the formulation of these strategies is based on the interrelationships among corporate governance, corporate finance and accounting practices. Therefore this chapter presents three relevant theories and explanation of how they are interrelated as the basis for formulating sound strategies. The role of a mathematical model is also presented as a tool for formulating the strategies and for assessing the effectiveness of these strategies on achieving the benefits of GCG practices.
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© 2015 Siti Nuryanah and Sardar M. N. Islam
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Nuryanah, S., Islam, S.M.N. (2015). The Foundations for Formulating Sound Financial Management Strategies Using an Integrated Financial Optimisation Model. In: Corporate Governance and Financial Management. Palgrave Macmillan, London. https://doi.org/10.1057/9781137435613_2
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DOI: https://doi.org/10.1057/9781137435613_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-49322-7
Online ISBN: 978-1-137-43561-3
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)