Financial Management

This book is a comprehensive guide to financial management, covering topics such as financial objectives, stakeholder impact, financial markets and institutions, investment appraisal techniques, specific investment decisions, business finance, cost of capital, and capital structure theories. The book is divided into six parts and covers essential financial management functions, including managing working capital, raising business finance, assessing investment opportunities, and understanding the relationship between corporate strategy and financial objectives. Additionally, this book delves into the impact of inflation and taxation on investment appraisal, explores sources of finance, and discusses capital structure theories and practical considerations. With discussions on relevant techniques and examples, this book is a valuable resource for students and professionals seeking to develop a strong foundation in financial management.