3 Review(s)

Strategic Financial Management is a comprehensive textbook designed to meet the requirements of postgraduate management students specializing in finance. It aims to familiarize readers with the theoretical and practical aspects of managing finance in an organization to maximize its value through examples and exhibits. The book begins with an introduction to strategic financial management, its scope and how it is used by managers across organizations. Following this, it explores the importance of financial planning and analysis and also the role of a chief financial officer (CFO) in any organization. Further, the role of short-term funds and capital budgeting in strategic decision making is explored. The book also discusses corporate restructuring and its forms such as spin-offs, divestiture, joint ventures and mergers and acquisitions. Financial engineering and usage of balanced score cards to solve financial problems have also been covered in the book. With the inclusion of relevant case studies and critical thinking exercises, which provide application-oriented questions, the book will be useful for students and aspiring professionals. Features : Includes in-depth coverage of corporate valuation, capital budgeting and financial engineering. Discusses global factors that impact finances in organizations, such as inflation, currency rate changes, liquidity crunch and increasing focus on enterprise risk management and approaches to handle them. Explains factors leading to corporate restructuring and its forms in detail. Provides solved and unsolved numerical problems to give an idea about application of techniques such as working capital, economic order quantity and operating cash flows.