Milestones in Corporate Finance: Significant Achievements and Their Impact on Business Growth Corporate finance is a critical field of finance that focuses on capital raising, mergers and acquisitions, corporate risk management, and financial planning for firms. Numerous milestones have marked the history of corporate finance, causing profound changes in the way organizations operate, grow, and maintain their competitive advantage. This article discusses some of the key milestones in corporate finance, as well as their significance and impact on a company's growth and strategy. 1. The Emergence of Modern Corporate Finance Theory (1950s-1960s): The development of contemporary corporate finance theory in...