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What is Understanding Financial Management Basics about?

Financial management refers to procuring money, investing it into assets or expenses, ensuring targeted returns, and allocating excess returns. It involves four key decisions - investment, financing, liquidity, and dividends. The goal is to maximize shareholder wealth through dividends and capital appreciation. Financial management draws on various disciplines like accounting, economics, law and mathematics to achieve its goals.

Author

Hardik Jha

Language

EN