The Chief Financial Officer and Corporate Performance: Finance, Governance and Risk

Financial management is a complex set of activities that should be performed by a professional financial manager. It involves risk-return trade-offs and the propensity to take risks, which can lead to less or more conservative financial decisions. This study provides theoretical issues and empirical research on the importance of the position of financial managers in companies and the impact of CFO characteristics on financial decision-making and firm performance. It will attract the attention of researchers and students of corporate finance and accounting and provide valuable tips and insights for practitioners.

Format: Hardback
Length: 122 pages
Publication date: 23 February 2024
Publisher: Taylor & Francis Ltd

Financial management is a multifaceted and intricate domain that requires the expertise of a skilled financial manager. Within this realm, certain financial decisions carry greater risk than others, thereby potentially yielding higher or lower profitability. This risk-return trade-off is the central pillar of financial management. Moreover, a financial director's inclination to embrace risk can lead to less or more conservative financial choices.

This study initially delves into theoretical aspects of financial management, drawing upon previous research findings. The second part of the study is empirical, presenting the methodology and results of the authors' research. In addition to examining the risk attitude of Chief Financial Officers (CFOs), the book also explores the power wielded by CFOs. It underscores the significance of financial managers within companies, highlighting that financial decisions are a reflection of the characteristics of decision-makers. Furthermore, the book provides evidence to assess whether the COVID-19 crisis has augmented or diminished the impact of CFO characteristics on financial decision-making and firm performance.

This book will captivate the interest of researchers and students specializing in corporate finance and accounting, offering valuable insights and practical tips for practitioners.

Weight: 410g
Dimension: 216 x 138 (mm)
ISBN-13: 9781032752808