Iris Luanne de la Calzada

The Economic Gyroscope Iris Luanne de la Calzada

The global financial crisis of 2008-2010 has rocked multiple international economies of all sizes and forms and left in its wake victors who grew larger and losers who shrank or were eaten up by its competitors. The effect was felt on a large scale by diverse conglomerates, big undiversified corporations and national economic superpowers on one end, and small towns, small business units, and the single family household in its nuclear sense. Expert opinions have asserted that this recent economic deluge was hugely avoidable if it were not for risky behavior, mindless spending habits, and costly decisions made by a few financial decision-makers. The purpose of this paper is to investigate the structure of corporate finance and the factors that influence the decisions of its leaders in making financial commitments.