8. FINANCIAL MANAGEMENT II Financial management is the business function that concerns the acquisition , financing and management of assets with the primary goal of maximizing shareholders’ wealth by increasing the value of their shares.
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12. Trade-off Daily Cash management (receipt and disbursement of funds) Credit management Inventory control Short-term financing Exchange and interest rate hedging Bank relations Intermediate financing Bond issues Leasing Stock issues Capital budgeting Dividend decisions Forecasting Profitability Risk Goal: Maximize shareholder wealth PPT 1-10 Occasional FINANCIAL MANAGEMENT II Functions of the Finance Manager