Nobility or Financial Sustainability?
This article attempts to provide an uncomplicated view on two important notions in Finance viz. Profit and Cash Flow. The significance of maintaining ‘reasonable’ profit level and ‘adequate’ cash flows have been explained using common sociological and physiological examples. Further, it is argued th...
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| Format: | Article |
| Language: | English |
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The International Journal Research Publications
2016
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| Online Access: | http://umpir.ump.edu.my/id/eprint/15576/ http://umpir.ump.edu.my/id/eprint/15576/ http://umpir.ump.edu.my/id/eprint/15576/ http://umpir.ump.edu.my/id/eprint/15576/2/Senthil%20Kumar%20Publication.pdf |
| Summary: | This article attempts to provide an uncomplicated view on two important notions in Finance viz. Profit and Cash Flow. The significance of maintaining ‘reasonable’ profit level and ‘adequate’ cash flows have been explained using common sociological and physiological examples. Further, it is argued that the firms ought to have followed the notion of sustainability, i.e. People, Planet and Profit, all along. |
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