Discuss the salient features of the traditional approach to corporation finance.
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The role of financial management is limited to fund raising and administering needed by the corporate enterprises to meet their financial needs. Enterprise requires funds for certain episodic events like merger, formation of new firms, reorganization, liquidation and so on.
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The role of financial management is limited to fund raising and administering needed by the corporate enterprises to meet their financial needs. Enterprise requires funds for certain episodic events like merger, formation of new firms, reorganization, liquidation and so on.
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