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Finance and Financial Management Commons

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Full-Text Articles in Finance and Financial Management

Let's Stick Together: The Finance Function As Glue, Mark E. Pickering Oct 2012

Let's Stick Together: The Finance Function As Glue, Mark E. Pickering

Mark E Pickering

Finance can play a valuable role in helping align the different organisational departments more closely to achieve a common goal. This article indicates some of the causes of friction between departments and provides suggestions as to how finance executives and managers can contribute to greater alignment.


Mergers And Acquisitions - The Directors' View, Mark E. Pickering Nov 2002

Mergers And Acquisitions - The Directors' View, Mark E. Pickering

Mark E Pickering

Mergers and acquisitions (M&A) can be an extremely valuable tool to transform organisations and to accelerate growth strategies. However, poorly conceived and implemented acquisitions can result in significant distraction, substantial financial write-offs and, in extreme cases, put the acquirer’s future in jeopardy. Directors play an important role in the M&A decision process and should delve into key components of proposed acquisitions to improve M&A outcomes.


Making Cost Reductions Stick, Mark E. Pickering Jul 2001

Making Cost Reductions Stick, Mark E. Pickering

Mark E Pickering

In tough economic times it is important to keep control of costs. Inappropriate and poorly executed cost reduction exercises can destroy competitive advantage and result in costs creeping back. This article outlines common cost reduction pitfalls and examines four popular approaches to cost reduction.


Single Minded? : Implementing Common Financial Systems, Mark E. Pickering Jul 2000

Single Minded? : Implementing Common Financial Systems, Mark E. Pickering

Mark E Pickering

As companies grow via acquisition they collect a variety of separate and often quite diverse financial systems belonging to the newly acquired companies. While there is a substantial cost to implementing a common financial system across the merged group. Is that cost outweighed by the benefits of a single system? This article uses a case study to highlight options for different degrees of finance system commonality, potential benefits of each option and a framework for analysing the appropriate level of commonality.