01/11/1993
Interactions Between Corporate Strategy and Financial Strategy: Some Propositions for Practicing Managers
Korwar Ashok
Working Papers
This paper discusses the implications of corporate strategy choices for financial strategies of the firm, and the implications of finance theory for strategic decision-making of the firm. Some propositions of potential practical use to managers are advanced here. One set of propositions relates to the kinds of financial strategies implied by a given corporate strategy, another set relates to the implications of finance theory for strategic planning and decision-making, and the third set relates to the potential use of financial policies in implementing specific corporate strategies.