This article throws light upon the top two measures used for measuring shareholders value creation. The measures are: 1. Economic Value Added (Eva) 2. Market Value Added (MVA). Shareholders Value Creation: Measure # 1. Economic Value Added (Eva): Economic value added is a measure of performance evaluation that was originally employed by Stern Stewart & Co. It is very popular [...]
This article throws light upon the top eight functional areas of financial management. The functional areas are: 1. Determining Financial Needs 2. Selecting the Sources of Funds 3. Financial Analysis and Interpretation 4. Cost-Volume-Profit Analysis 5. Capital Budgeting 6. Working Capital Management 7. Profit Planning and Control 8. Dividend Policy. Financial Management: Functional Area # 1. Determining Financial Needs: A [...]
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 [...]