Corporate finance departments are responsible for managing a company's financial activities. This includes budgeting, forecasting, and analyzing financial performance to ensure the organization remains profitable. They also handle funding strategies, such as securing loans or issuing stocks, to support business growth and operations. Additionally, corporate finance departments assess investment opportunities and manage risks associated with financial decisions. They work closely with other departments, such as accounting and marketing, to align financial goals with overall business strategies. Their ultimate aim is to maximize shareholder value while maintaining financial stability and compliance with regulations.