Finance Coursework Example | Topics and Well Written Essays - 250 words - 2

Finance - Coursework ExampleWhen staffs are able to access the familiarity financials, they find unityself the existence of trust and transparency in management. As a result, they become motivated in modify to ways used to run the company such as decision making processes. The second wellbeing is the sense of community. Allowing access to financial information creates an open environment where employees feel honest and open with one another. This increases happiness and relationships enabling the staffs to connect on a professional and personal level (Case, 1996). The other improvement is development of unique ideas. Through sharing of operational and financial information with staff, the top officials may believably to find unique ideas from them. In addition, individuals may offer new insights on how to tackle a certain(p) problem.Failing to disclose financial information to employees leads to them operating in the dark. Without employees accessing financial data, they die hard to pretermit information on the critical facts of the company such as profits and losses. This implies that even when a company suffer loss, employees are not able to help lack of financial information hinders good decisions (Case, 1996). In addition, if a company make some profits and employees are not informed about it, they tend to become reluctant in their daily work. This prevents the company from meeting its