Engineering
8 years ago

Creating shareholder value is key to business success and societal impact.

Institution of Engineering and Technology eBooks
Financial concepts for the technical professional
George Young

Paper Summary

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Finance is crucial for managing a business. Simply having a good product is not enough; businesses must create value for their shareholders by making a profit. Shareholders invest money and expect a return on that investment, either through regular dividends or a lump sum in the future. While businesses also need to consider the needs of staff, customers, suppliers, lenders, and the community, ultimately, success and profitability benefit everyone involved.