Fianancial Management Study about the process of procuring and judicious use financial resources with a view to maximise the value of a business enterprise thereby the value to the owners is maximised Guthmann and Dougall defines financial management as " the activity concerned with the planning, raising,controlling of firm's financial resources."
In a company form of organisation, according to james C.Van horne financial management endeacours to make optimal investment,financing and dividend decisions.'
I.M.Pande defines financial management as " that managerial activity that is concerned with the planning and controlling of the firm's financial resources . According to him managing funds most wisely with a view to maximise the wealth of the share holders is financial management.
'Business activities concerned with the acwuistition and conservation of capital funds in meeting the financial needs and overall objectives of business enterprise come under financial management according wheeler.
In a company form of organisation, according to james C.Van horne financial management endeacours to make optimal investment,financing and dividend decisions.'
I.M.Pande defines financial management as " that managerial activity that is concerned with the planning and controlling of the firm's financial resources . According to him managing funds most wisely with a view to maximise the wealth of the share holders is financial management.
'Business activities concerned with the acwuistition and conservation of capital funds in meeting the financial needs and overall objectives of business enterprise come under financial management according wheeler.
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