Financial Management: Theory and Practice

Financial management is a discipline that focuses on equities, ratios and debts. It is used for portfolio management, distribution of dividend, hedging and looking after fluctuations in foreign currency, capital raising and product cycles. It is also involved in the research and decisions related to the capital which should be obtained in order to fund the company’s assets. It seeks to maximize the value of the firm for all the stakeholders. Financial management specifically deals with a company’s financial strategy. It focuses on the ways to raise the capital and to allocate capital through capital budgeting. It also focuses on long and short term budgeting such as current liabilities. This book provides comprehensive insights into the field of financial management. It traces the progress of this field and highlights some of its key concepts and applications. This book aims to serve as a resource guide for students and experts alike and contribute to the growth of the discipline.