Corporate finance manan prakashan pdf

What is the fundamental concept of corporate finance?
Corporate finance is concerned with how businesses fund their operations in order to maximize profits and minimize costs.
It deals with the day-to-day demands on business cash flows as well as with long-term financing goals (e.g., issuing bonds)..
Rule #1: Money today is worth more than money tomorrow
The fundamental rule of corporate finance is that the timing of cash flows is of paramount importance.
Also, we want the timing of the cash flows to be as soon as possible.

What is the fundamental concept of corporate finance?