Summary |
Financial Management: Theory and Practice, 8/e is designed as a comprehensive reference-cum-text book in financial management. This book seeks to:
• Build understanding of the central ideas and theories of modern finance.
• Develop familiarity with the analytical techniques helpful in financial decision making.
• Furnish institutional material relevant for understanding the environment in which financial decisions are taken.
• Discuss the practice of financial management
The primary thrust of the book is to show how financial theory can be applied to solve problems in practice. An attempt has been made to relate theory can be applied to solve problems in practice. Of course, the theory presented has its imperfections and inadequacies – which theory does not? Yet, it is a potent tool for analyzing practical problems.
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