Financial management involves raising funds, using funds profitably based on risk levels, planning operations and controlling performance. It guides investment decisions, judges operations and projects, and aims for adequate returns. Financial management is concerned with efficient use of capital funds and management decisions regarding asset acquisition and financing. Its goals are to maximize profits and shareholder wealth while maintaining adequate liquidity and ensuring operational efficiency and financial discipline.
Risk and Return: An Overview of Capital Market Theory PANKAJ PANDEY
Discuss the concepts of average and expected rates of return.
Define and measure risk for individual assets.
Show the steps in the calculation of standard deviation and variance of returns.
Explain the concept of normal distribution and the importance of standard deviation.
Compute historical average return of securities and market premium.
Determine the relationship between risk and return.
Highlight the difference between relevant and irrelevant risks.
Business Finance: Introduction to Business Finance, Meaning and Definition of Financial Management, Objectives of Financial Management- (Profit Maximization and Wealth Maximization), Modern Approach to Financial Management- (Investment Decision, Financing Decision, Dividend Policy Decision), Finance and its relation with other disciplines, Functions of Finance Manager
Risk and Return: An Overview of Capital Market Theory PANKAJ PANDEY
Discuss the concepts of average and expected rates of return.
Define and measure risk for individual assets.
Show the steps in the calculation of standard deviation and variance of returns.
Explain the concept of normal distribution and the importance of standard deviation.
Compute historical average return of securities and market premium.
Determine the relationship between risk and return.
Highlight the difference between relevant and irrelevant risks.
Business Finance: Introduction to Business Finance, Meaning and Definition of Financial Management, Objectives of Financial Management- (Profit Maximization and Wealth Maximization), Modern Approach to Financial Management- (Investment Decision, Financing Decision, Dividend Policy Decision), Finance and its relation with other disciplines, Functions of Finance Manager
Download Complete Main objectives of cash management
http://www.managementparadise.com/forums/financial-management/227968-main-objectives-cash-management.html
Financial management - its importance and objectivesRobert Smith
This Presentation gives us information about Financial Management. It gives us details about importance and objectives of Financial Management. Financial Management is all about obtaining funds and how to use that fund.
,
introduction to financial management
,
what is financial management
,
concept of financial management
,
areas of finance
,
scope/major areas of finance
,
agency theory
,
what is an agency problem
Download Complete Main objectives of cash management
http://www.managementparadise.com/forums/financial-management/227968-main-objectives-cash-management.html
Financial management - its importance and objectivesRobert Smith
This Presentation gives us information about Financial Management. It gives us details about importance and objectives of Financial Management. Financial Management is all about obtaining funds and how to use that fund.
,
introduction to financial management
,
what is financial management
,
concept of financial management
,
areas of finance
,
scope/major areas of finance
,
agency theory
,
what is an agency problem
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
What are objectives of financial management?Nageshwar Das
What are Objectives of Financial Management? with Describe Definition, Meaning, Nature and Scope! Financial management is one of the functional areas of business. Therefore, its objectives must be consistent with the overall objectives of the business. The overall objective of financial management is to provide maximum return to the owners on their investment in the long- term. This is known as wealth maximization. Maximization of owners’ wealth is possible when the capital invested initially increases over a period of time. Wealth maximization means maximizing the market value of investment in shares of the company.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how can I sell pi coins after successfully completing KYC
Fm Intro.
1. FINANCIAL MANAGEMENT
Financial Management may be defined as the part of management, which is
concerned with
1. Raising funds in the most economic and suitable manner.
2. Using these funds as profitably (for a given risk level) as possible.
3. Planning future operations and controlling current performance and
future developments through financial accounting, cost accounting,
budgeting, statistics and other means.
4. (a) It guides investments where opportunity is the greatest, producing
relatively uniform yardstick.
(b) judging most of a firms operation and projects and is
(c) continuously concerned with achieving an adequate rate of return on
investments, as this is necessary for survival and the attracting of new capital.
Prof. Ezra Solomon- “FM is concerned with the efficient use of an
important economic resource namely Capital Funds”
Phillipalos ‘ FM is concerned with the management decision that results in
the acquisition and financing of long term and short term assets for the
firms. As such, it deals with the situation that requires the selection of
specific assets (or combination of assets) as well as the problem of size
and growth of an enterprise. The analysis of these decisions is based on
the expected inflows and outflows of funds and their effects upon
management objectives.’
N.G. Wright divides FM into 3 main areas
1. Decision on the capital structure.
2. Allocation of available funds to specific uses.
3. Analysis and appraisal of problems
2. In other words FM is that part of managerial activity, which is mainly
concerned with the planning and control of the financial resources of a
firm. i.e. its acquisition and proper use of funds by a business firm.
.
Importance
Financial Management is an excellent tool by means of which resources
can be allocated to various projects, depending upon their importance
and pay off capacities.
It provides the best guide for future resource allocation by a firm.
It provides relatively uniform yardsticks for judging most of the
enterprises operations and projects. It helps firms in planning the output
from a given input of funds.
FM implies the designing and implementation of a certain plan. Plains
aim at an effective utilization of funds. It helps a firm in monitoring the
effective employment of funds in Fixed Assets (fixed capital) as well as
current assets (working capital).
FM connotes responsibility for obtaining and effectively utilising the
funds necessary for the efficient operation of an enterprise. It makes it
possible for the finance manager to obtain funds at the best time in
relation to their cost and their effective use in the business firm.
FM is the dynamic evolving on making of day to day financial decision
in a business of any size.
3. FM is important because it has an impact on all the activities of a firm.
Its primary responsibility is to discharge the finance function successfully.
It touches on all the other business function. It may be described as
making decision on financial matter and facilitating and reviewing their
execution. FM helps in prompt planning, capital budgeting, controlling
inventories, accounts receivable etc.
FM implies a more comprehensive concepts than the simple objectives of
profit making or efficiency. Its broader mission is to maximise the value
of the firm so that the interest of the different sections of the community
remains protected.
FM applies to any organisation irrespective of its size, nature of
ownership and control and whether it is a manufacturing or service
organisation. It applies to any activity of an organisation, which has
financial implications. FM is important even for non-profit organisations. It
helps them to control the costs and to use the funds at their disposal in the
most useful manner.
FM does not handle merely routine day-to-day matters. Often it deals with
more complex problems such as mergers, re-oranisation of the like.
It plays 2 distinct roles.
Firstly, it safeguards the interests of the corporations
which is a separate legal entity.
Secondly, this separates legal entity has no meaning
unless the interests of the owner and other sections
of the community, which are concerned directly with
the corporations, are properly protected.
4. FM responsibility is to insure that finance contributes to efficient day-to-
day operations as well as the long-range objectives of the owners.
FM is thus an integrated and composite subject. It brings together much of
the material that is found in accounting, economic, mathematics, system
analysis and behavioral sciences and uses other disciplines as it tools.
Thus it is clear that the FM is very necessary for the progress of the enterprise.
Its importance has increased in modern times because of the financial
commitment of the management to different parties concerned.
Goals of Financial Management
The financial decisions are unavoidable and continuous. In order to make them
rationally, the firm must have objectives. It is generally agreed that the financial
objectives of the firm should be the maximisation of owner’s economic welfare.
However, there is disagreement as to how the economic welfare of the owner
can be maximized.
The objectives of Financial Management can be broadly classified into 2
categories.
1. Basic objectives 2. Other objectives.
Basic objectives:
Maintenance of adequate liquid assets in the firm is one of the basic objectives
of financial management. It implies that financial management should ensure that
there are adequate cash in the hands of the firm at all times to meet is obligation.
1. Maximisation of profit -- a business firm is a profit-seeking organisation.
This objective implies that financial management should ensure that the profit
of the firm is maximized.
5. 2. Maximisation of wealth -- is the most important objective of financial
management.
Other Objectives:
1. Ensure maximum operational efficiency through planning, directing
and controlling the utilization of funds. i.e. through the effective
employment of funds.
2. Enforcing financial discipline in the organisation in the use of financial
resources through the co-ordination of the operation of the various
divisions in the organisation.
3. Building up of adequate resource for financing growth and expansion.
4. Ensuring a fair return to the shareholder on their investment.