Business Advocate or Corporate Police?

January 1998
Financial Executive;Jan/Feb1998, Vol. 14 Issue 1, p56
Academic Journal
The article discusses how a financial organization should interact with other organizations. Stephen Jablonsky, a faculty member at Pennsylvania State University, states that an organization should act more like a business advocate rather than a corporate policeman. Jablonsky and Patrick J. Keating, a professor of business administration at San Jose State University, co-authored a study called "Changing Roles of Financial Management: Integrating Strategy, Control, and Accountability," which chronicles five companies changing to a business advocate role. Jablonsky and Keating believe an important new role for financial organizations is to make the company more successful by helping achieve strategic objectives and creating shareholder value.


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