Discuss the distinctive features of modern approach to corporation finance.
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The Modern Approach:
It includes both rising of funds as well as their effective utilisation under the purview of finance. ... The modern approach considers the three basic management decisions, i.e., investment decisions, financing decisions and dividend decisions within the scope of finance function.
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The distinctive features of the modern approach to corporate finance are as follows:
- Modern corporate finance mixes a forward-thinking approach to finance with tried-and-true methods from the past.
- The writers emphasize the modernist movement in finance, which is based on systematic methodology with an emphasis on deductive reasoning and empirical validation, with a clear and concise approach.
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