Financial Management

Financial Management is comprehensive textbook designed especially for post graduate students of business management. The book is divided into 8 parts and 25 chapters.

Part I discusses financial statements, cash flow, and taxes, along with the Indian financial markets and institutions. Part II focuses on financial analysis, planning and forecasting. Part III focusses on valuation of concepts. Part IV enumerates the topics related to capital budgeting. Part V comprises capital structure and dividend decisions. Part VI and VII present working capital management and long term financing respectively. Part VIII discusses special topics such as corporate restructuring and financial restructuring, corporate failure and liquidation among others.

Business managers and finance professionals will also find this book very useful for its focused coverage, sound theoretical base, and practice-oriented approach.

Contents: Part 1: Introduction. 1. An introduction to financial management. 2. The Indian financial markets and institutions. 3. Financial statements, cash flow and taxes. Part 2: Financial Analysis, Planning and Forecasting. 4. Financial statements analysis. 5. Financial planning and forecasting. Part 3: Valuation Concepts. 6. Risk and rates of return – introduction to capital market theory. 7. Risk and rates of return – portfolio theory and asset pricing model. 8. Security market line, estimation of beta and the cost of equity. 9. Valuation of bonds and stocks. 10. Valuation of options. Part 4: Capital Budgeting. 11. Capital budgeting. 12. Cash flow estimation and risk evaluation in capital budgeting decisions. 13. Real options. 14. Liability management. Part 5: Capital Structure and Dividend Decisions. 15. Capital structure theory and leverage. 16. Dividend distribution and buy back of shares. Part 6: Working Capital Management. 17. Working capital management. 18. Lease, hire purchase and project financing. Part 7: Long Term Financing. 19. Sourcing of long term finance. Part 8: Special Topics. 20. Corporate restructuring and financial restructuring. 21. Corporate failure and liquidation. 22. Derivatives. 23. Corporate governance. 24. Behavioral aspects of corporate finance. 25. Multinational financial management. Appendices.