STRATEGIC FINANCIAL MANAGEMENT
By EDITED BY A.V.
Synopsis and Reviews
Achieving competitive advantage through strategic financial managementThis book explores the contemporary concepts and trends in strategic financial management (SFM), particularly focussing on three cutting-edge areas.
ã Mergers and Acquisitions: Increased global competition, regulatory changes, fast-changing technology, need for faster growth and excess industry capacity have fuelled mergers and acquisitions (M&A) in ecent times. Here is an incisive review of emerging trends, risks involved, and what it takes to successfully implement mergers.
ã Financial Risk Management: Following the deregulation of financial markets in many countries starting in the 1970s, the importance of financial risk management has increased significantly. Firms have to protect themselves from adverse impact on the values of their assets, liabilities, operating incomes and cash flow due to changes in financial parameters such as interest rates, exchange rates, stock indices, etc. Using case studies, an array of experts lays bare the conceptual issues involved and describe how to formulate risk management strategies.
ã Linking Financial performance with Corporate Strategy: The goal of corporate strategy is to ensure the long-term survival, growth and profitability of a company. To this end, financial performance must be consistent with business strategy, underlining the need for selecting the right measures of performance that can tell the stakeholders how a company is performing. The book also takes a searching look at integrating finance with corporate strategy, and contemporary topics such as activity-based costing.
These key issues in strategic financial management highlight how finance and business strategy need to be inherently integrated and how the finance professional must evolve from the age-old role of a bookkeeper to one of a business solution provider with a sound grasp of business strategy.
Author EDITED BY A.V. VEDPURISWAR
Publication and Edition VISION BOOKS
Size 23.3cm x 15.5cm
|Packing Weight||0.5 kg|
Categories: Stock, Investment & Taxes
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