Basics of Financial Management

Financial management refers to the functions involved in the management of financial resources. These functions are fund procurement, working capital management, capital budgeting, and capital structure designing of an organization. It includes controlling and maintaining the financial assets of an organization. The basic objective of financial management is to achieve optimal profit, both in the short and long run. It even includes wealth maximization, where every shareholder's value or hold over dividends should increase.

Autorentext

Dr. T. VENKATESAN, Associate Professor & HOD, Sanskrithi School of Business, Puttaparthi - 560 077, AP.Mr. JAGADEESH K. K, Assistant Professor, Department of Commerce Kristu Jayanti College (Autonomous), Bangalore - 560 077.Mr. HARIBASKAR. R, Assistant Professor, Department of Management Kristu Jayanti College (Autonomous), Bangalore - 560 077.