Financial Management
Objectives of Financial Management
The primary aim of financial management is to maximise the wealth of shareholders. Shareholders are interested in wealth maximisation which depends upon the market price of the shares. If the market price of the shares increases, there is appreciation in the shareholders' wealth and vice versa. Thus the major goal ...
Importance of Financial Management
Finance is considered to be the life blood of business. Financial management is concerned with procurement and utilisation of funds in a proper way. Therefore, financial management enjoys great importance in an organaisation. Financial management is crucial for the success of a business. Financial management is important because of the ...
Financial Management
The major obective of any business concern is to make profit for its owners by selling goods or services. To reach this goal finance is required. In this context it can be said that finance is the soul of any business concern. Keeping this in view, the proper management of ...