Management > Financial Management > Functions of Financial Manager: Financial Decisions The Financing Decision is a crucial decision made by the financial manager relating to the financing-mix of an organization. Financial decisions are concerned with the borrowing and allocation of funds required for investment decisions. These decisions are essential to the continuity of the business over the long […]
Management > Financial Management > Profit and Wealth Maximization Financial management is concerned with procurement and use of funds. The main objective of Financial management is to ensure the maximization of the economic welfare of its shareholders. The maximization of economic welfare means maximization of wealth of its shareholders. Shareholder’s wealth maximization is reflected in […]
Management > Financial Management > Introduction The planning, directing, monitoring, organizing, and controlling of the monetary resources of an organization is called financial management. It is the art and science of managing money It is concerned with procurement and effective utilization of funds for the benefit of its shareholders. It utilizes all those managerial activities […]