Due to changing business scenario, businesses need to manage their economic resources efficiently to secure a stable position in the market. This is possible when financial management techniques are blended with strategic management concepts. This book on strategic financial management discusses the basics of strategic management as well as financial management and explains how businesses can formulate strategies to pursue their financial objectives and strengthen their financial position. The book is divided into five sections. Section I introduces the students to the fundamentals of strategic management and financial management. Section II explains the techniques of portfolio tools, Markowitz modern portfolio theory, capital asset pricing model, factor models and arbitrage pricing theory. Section III discusses investment decision under risk and uncertainly, corporate strategy and high technology investment. Section IV focuses on tools and techniques of analysis and interpretation of financial statements, corporate valuation and value-based management. Section V dwells on contemporary issues in strategic financial management such as corporate restructuring, mergers and acquisitions.
The book is intended as a text for the postgraduate students of management. Besides, students pursuing professional courses such as chartered accountancy, MFC, as well as professionals in the corporate sector will also find the book quite useful.
KEY FEATURES :
Provides solved practical problems and examples for better comprehension of the concepts.
Gives several tables, flow charts and diagrams to make the concept clear.
Includes chapter-end questions and problems to test the knowledge of students.
Supports theory with caselets to put the matter in right perspective.About the AuthorRAJNI SOFAT is Assistant Professor (Finance), Guru Nanak Institute of Management and Technology (GNIMT), Ludhiana (Punjab). She has more than fifteen years of teaching experience. Ms. Rajni Sofat has authored a book, Basic Accounting (published by PHI Learning), presented several research papers in seminars and conferences, and contributed many articles in reputed national and international journals. She has been awarded with the prestigious Rashtriya Gaurav Award and Certificate of Excellence for her meritorious services and outstanding role in the field of academics. Ms. Rajni Sofat has also got selected for many other prestigious awards like Sadbhavana Award, Rashtriya Ekta Samman, and Best Citizen of India Award for the year 2010.|PREETI HIRO is Assistant Professor (Finance), GNIMT, Ludhiana (Punjab). She has more than seven years of experience in teaching and industry. Ms. Preeti Hiro has co-authored a book, Basic Accounting (published by PHI Learning), and published/presented several papers in reputed journals/seminars and conferences.
