The role of information in financial decision making process: A theoretical view
Journal Title: Globalization and Business - Year 2017, Vol 3, Issue 3
Abstract
The role and place of information in financial decision making process is undisputed. The financial decision that doesn’t rely on information would be inaccurate and costly. Information serves and helps in the decision making process both information users, internal and external. Thus, nowadays firms pay enough attention to the construction of appropri- ate information systems. Such information systems should be able to provide information in time, valuable, and with many rest qualities which are required by user’s needs. In the firm context, different levels of government have different needs. Whereas, the strategic level requires information that is linked with future and a longer time, the tactical level requires such information which includes recent past and future. Or, the operational level requires such information which includes the current state and has informative character.
Authors and Affiliations
Izet Zeqiri, Fitim Deari, Sadri Aliji
Keywords
Related Articles
- EP ID EP564837
- DOI -
- Views 77
- Downloads 0
Approval of Synergistic app roach in marketing of regional enterprises
During managing the marketing system with scientific helps us to increase management effectiveness, particularly to realize and become aware of important defects and their remedies without special expenditures. such meth...
TRENDS OF CHANGES IN UNEMPLOYMENT LEVEL IN GEORGIA AND DIRECTIONS OF ITS REGULATION
Unemployment is the most complex and acute social-economical, demographic, psychological and political problem, which has exclusively negative results. Therefore, unemployement management-regulation is the most significa...
Synergistic Approach to Marketing Management Process
System of new technologies, particularly innovative processes of products and services, having distinguished synergetic approach in our opinion, should become key model of economical growth. Innovative approach shall be...
MACRO-PRUDENTIAL POLICY: ESSENCE AND MEANING FOR SUSTAINABILITY OF FINANCIAL SYSTEM
Macro-prudential policy implies monitoring, evaluation and carrying out such a supervisory policy of financial stability which will be aimed at eradicating systemic risks and neutralizing pro-cyclic nature of the financi...
THEORETICAL BASICS OF CALCULATING QUANTITATIVE INDICATORS OF THE ECONOMIC STRUCTURE OF SOCIETY
In this paper, the (Generalized) Gini, Hoover, Theil and Atkinson indexes are calculated for the Republic of Georgia, for his neighbor states Armenia, Azerbaijan, iran and Turkey, for some post soviet countries including...