Contents: Lecture Notes on Introduction to Financial Management Lecture Notes on the Definition of Financial Management Lecture Notes on the Evolution of Financial Management Lecture Notes on the Importance of Financial Management Lecture Notes on Factors Influencing Financial Decisions Lecture Notes # 1. Introduction to Financial Management: In our present day economy, finance is defined as the provision of money [...]
This article throws light upon the top two objectives of financial management. The objectives are: 1. Profit Maximisation 2. Wealth Maximisation. Financial Management: Objective # 1. Profit Maximisation: Profit earning is the main aim of every economic activity. A business being an economic institution must earn profit to cover its costs and provide funds for growth. No business can survive [...]
This article throws light upon the top three types of financial decisions. The types are: 1. Investment decisions 2. Financing decisions 3. Dividend decisions. Type # 1. Investment Decisions: Investment Decision relates to the determination of total amount of assets to be held in the firm, the composition of these assets and the business risk complexions of the firm as [...]