Fundamentals of Financial Management

Financial management is crucial for any organisation - public or private - as profit maximization and increasing shareholder value depend, to a large measure, on efficient and effective financial management of the company. Professor Bhabatosh Banerjee, drawing from his expertise and long years of experience, provides an analysis of the fundamental principles and their applications of financial management. Divided into five parts, the text deals in part I with the basic concepts, and in part II with financial and dividend decisions. Part III discusses investing in long-term and short-term assets. Part IV explains performance analysis and measurement, and part V covers contemporary topics, such as portfolio management, mergers and acquisitions, and corporate governance. Key features: Includes numerous illustrations, worked-out problems and exercises covering recent questions in university and professional examinations. Gives corporate practices in professional management, wherever necessary, enabling students to acquaint themselves with real-life situations. Provides case studies to enhance analytical and presentation skills. This book is primarily intended as a text for undergraduate students of commerce and management. In addition, the text will benefit practising finance and accounting professionals, corporate managers, and participants in management development programmes.