A. What are at least two (2) reasons why corporate finance is important to all managers? Support your response with examples of activities and events that demonstrate this importance.
B. In your judgment, what were the principal causes of the recent financial crisis and Great Recession? Would you include Government policies that encouraged housing purchases for those who could not afford them, artificially low interest rates implemented by the Federal Reserve, banks and mortgage brokers who were greedy, the failure of Government regulators to provide proper oversight to the banks and other financial institutions, individuals who borrowed and spent more than they should have, or some other causes?
B-2. * From the e-Activity, examine ethical behavior within firms in relation to financial management. Provide at least two (2) examples of companies that have been guilty of ethics-based malfeasance related to financial management. Explain why the sanctions and penalties were appropriate?