What is Corporate Finance?

What is Corporate Finance?: "Corporate finance is a broad term that is used to collectively identify the various financial dealings undertaken by a corporation. Generally, the term also applies to the various methods, procedures, and configurations of the financial operations employed by a given company. In most instances, corporations will have a specific financial division that is charged with the task of managing corporate finance in all aspects of financial operation.

One of the core functions of responsible corporate finance is to make wise use of the financial resources available to the company. As part of this action, the financial arm of the corporation will attempt to develop an operating budget that addresses all the needs of the company in terms of expenses, as well as work with other departments to track income generated from various operations and investments currently in place. Ultimately, the goal is to ensure that the corporation is achieving the maximum benefit from available financial resources, while incurring the minimum amount of expenditure required to attain those benefits."

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