Fundamentals of Financial Management, Third Edition

Preface

Corporate financial management, which emerged as an independent branch of study about half a century ago, has experienced phenomenal changes in respect of theoretical content as well as the tools being used for taking financial decisions and their implementation. The purpose of the book is to acquaint professionals and students of business studies with the contents and tools of corporate financial management.

There are a number of books on the subject of corporate financial management. A few of them are fairly comprehensive. Nevertheless, the present textbook is expected to serve better the interest of the readers who are not well versed in the terminology of business studies. The reason is that the explanation has been made greatly lucid, ...