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Financial Management was first published in 1978 with the following objectives, which remain unchanged in the ninth edition of the book in 2005:
To demonstrate to readers that the subject of finance is simple to understand, relevant in practice and interesting to learn. � To help managers to appreciate the logic for making better financial decisions. � To explain the concepts and theories of finance in a simple way so that readers could grasp them very easily and be able to put them into practice. � To provide a book that has a comprehensive coverage for MBA and other post-graduate courses. � To create a book that differentiates itself from other textbooks in terms of coverage, presentation, and equal focus on theory and practice with real life examples.
Financial Management highlights the �modern�, analytical approach to corporate finance decision-making. The text material has been structured to focus on finance theory and its implications in the financial decision-making process and policy. The book discusses the theories, concepts, assumptions, and mechanics underlying valuation, investment, financing, and dividend decisions and working capital management. It also discusses sources and instruments of short-term and long-term finances, mergers and acquisitions, international financial management and the interface between financial and corporate policies. Importantly, the book helps students to relate theories and concepts to practice.
ISBN - 812591658X
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