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Brigham, Eugene F. and Houston, Joel F.; Fundamentals of Financial Management, Hartcourt Asian PTE Ltd., 2001, pp 1020, US$ 117.95/
Finance energies life. It is "The" factor which ensures the existence of an organization. Be it "for" profit or "not-for" profit organization, all need it as their life blood. The study of financial management enables one understand the basic concepts of management of this scarce and essential resource. Its knowledge empowers one to utilize, maximize and ensure sustainence of a Going Concern. Be it an individual or an organization, the management of finance is must. The day begins with checking how much one has in ones pocket and ends with as to how much has one been able to add.
The financial debacles in the last decade and the growth of trade and internationalization has made the study of financial management a vital component. Starting from the emergence of this resource, which has been the medium for business from vedic periods to the westernized way of management has put foward the need, relevance and the...