This in-depth guide explores the vital aspects of financial management within the framework of corporate strategy. Beginning with the core functions of financial management, it illustrates how these connect to organizational goals and strategic decision-making.
The book provides a comprehensive understanding of:
Financial Analysis: Master ratio analysis to dissect financial statements, including key ratios like return on assets, debt-to-equity, and current ratio.
Macroeconomic Impact: Learn how macroeconomic policy targets and foreign exchange fluctuations affect financial health, and discover how to manage these risks.
Valuation & Investment: Explore techniques like NPV, IRR, and the Capital Asset Pricing Model (CAPM) to evaluate investment opportunities and optimize capital allocation.
Market Dynamics: Understand the intricacies of financial markets, including stocks, bonds, and derivatives, with real-world case studies to illustrate key concepts.
Capital Structure & Dividend Policy: Analyze the impact of capital structure on firm value, delve into dividend policies, and learn how to enhance shareholder wealth.
With practical examples and insightful analysis, this guide equips readers with the knowledge and tools to make informed financial decisions and drive business success.