FINANCE


Finance is a field that is concerned with the allocation investment of assets and liabilities over space and time, often under conditions of risk or uncertainty. Finance can also be defined as the art of money management. Participants in the market aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be split into three sub-categories public finance, corporate finance and personal finance. 






Ethical issue in finance                                                                                                                           Financial statement-A financial statement is the combination of the three major reports on a business.It will contain the cash flow statement,the income statement and the balance sheet of business.                                                                                                                               
hostile takeover-A hostile takeover is the acquisition of one company by another that is accomplished by going directly to the company's shareholder or fighting to replace management to get the acquisition  approved.
financial market-A financial market is a market in which people trade financial security and derivative such as futures and options at low transaction cost.


Unethical issue in finance
1 Quick release of payments to known or adjusting parties and delaying payments to other.
2-taking private finance only from those who are ready to do personal favour to finance department head.
3-collecting loan from private financiers at higher rate of interest to help kith and kin and get kick- back.

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