About the book

This book is an authoritative and comprehensive guide exploring the multifaceted financial management field. This seminal work discusses the intricate decisions that individuals and business firms make, which carry financial implications. This book evaluates financial decisions to maximise firm value and shareholder wealth, as indicated by share market prices.

This book aims to fulfil the requirement of students preparing for professional exams conducted by ICAI, ICSI, ICWAI & students of post-graduate courses in commerce and management. This book will also be helpful for financial executives in updating their knowledge about current thinking and developments taking place in financial management.

Contents

Part I: Background

Chapter 1    :    Financial Management: An Introduction

Chapter 2    :    The Mathematics of Finance

Part II: Valuation and Risk Management

Chapter 3: Valuation of Securities

Chapter 4: Risk Return Relationship, Portfolio Management and Capital Asset Pricing Model

Chapter 5    :    Financial Derivatives: Futures, Options, Swaps and Credit Derivatives

Part III: Long-Term Investment Decisions: Capital Budgeting

Chapter 6    :    Capital Budgeting - Estimation of Cash Flows

Chapter 7    :    Capital Budgeting - Techniques of Evaluation

Chapter 8    :    Capital Budgeting - Some Issues

Chapter 9    :    Capital Budgeting - Risk and Uncertainty

Part IV: Financing Decision

Chapter 10    :    Cost of Capital

Chapter 11    :    Financing Decision: Leverage Analysis

Chapter 12    :    Financing Decision: Ebit-Eps Analysis

Chapter 13    :    Leverage, Cost of Capital and Value of the Firm

Chapter 14    :    Capital Structure: Planning and Designing

Part V: Dividend Decision

Chapter 15    :    Dividend Decision and Valuation of the Firm

Chapter 16    :    Dividend Policy: Determinants and Constraints

Part VI: Management of Current Assets

Chapter 17    :    Working Capital: Planning and Management

Chapter 18    :    Working Capital: Estimation and Calculation

Chapter 19    :    Management of Cash and Marketable Securities

Chapter 20    :    Receivables Management

Chapter 21    :    Inventory Management

Chapter 22    :    Financing of Working Capital and the Banking Policy

Part VII: Long-Term Finance and Financial Services

Chapter 23    :    Long-Term Sources Of Finance: Domestic and Foreign

Chapter 24    :    Lease Financing

Chapter 25    :    Financial Services

Part VIII: Financial Analysis and Planning

Chapter 26    :    Financial Statements and Analysis

Chapter 27    :    Statement of Change in Financial Position: Cash Flow Statement

Chapter 28    :    Financial Planning, Forecasting and External Funds Requirement

Part IX: Miscellaneous Topics

Chapter 29    :    Mergers, Acquisitions and Financial Reconstruction

Chapter 30    :    International Financial Management

Part X: Indian Capital Market

Chapter 31    :    Indian Capital Market: Structure

Chapter 32    :    Indian Capital Market: Emerging Trends