Corporate Finance and Financial Markets have emerged as significant field of study in the finance. The purpose of this book is to acquaint the M.Com., BBA, B.Com., M.Phil. and Ph.D. (Management) students with the contents and latest developments in field of Corporate Finance. Though primarily meant to be a textbook on Corporate Finance and Finance Markets for management students, the book promises to be of interest to management practitioners, administrators, executives as well in the banking, finance and credit sector. The book has been written based on the syllabus AICTE, UGC and some Universities where Corporate Finance / Financial Management is a subject in MBA and Commerce. Besides, the book covers the syllabus of BBA, B.Com., M.Com., M.Phil. and Ph.D.(Mgt). The book covers latest topics on Corporate Finance and Indian Financial System. The opening and closing case studies with suggestive answers in all of the chapters, link theoretical concepts with the real world scenarios and make this book extremely student-friendly. At the end of each chapter, multiple choice questions with most appropriate answers, short answer type questions and descriptive questions have been given to enable the students to test their post reading acquisition of knowledge. Each chapter contains precise chapter contents / objectives and brief introduction. The book is knowledge based, industry experienced based, teaching experience based and research based. The volume of the text has intentionally been limited on suit the time, need and syllabus of the readers. The book will also prove to be useful for the officials of the Public and Private Sector Banks, RRBs, Cooperative Sector Banks and Financial Corporations who are according priority for expansion and promoting Corporate Finance. Contents - Unit I: INTRODUCTION TO CORPORATE FINANCE 1: Corporate Finance – An Overview 2: Time Value of Money 3: Concept of Risk and Return 4: Valuation of Stocks and Bonds Unit II: CAPITAL BUDGETING, CAPITAL STRUCTURE AND COST OF CAPITAL 5: Capital Budgeting Decisions 6: Capital Structure Decisions 7: Cost of Capital Unit III: WORKING CAPITAL MANAGEMENT AND DIVIDEND DECISIONS 8: Working Capital Management 9: Working Capital – Inventory Management 10: Working Capital – Cash Management 11: Working Capital – Receivables Management 12: Dividend Decisions Unit IV: INDIAN FINANCIAL SYSTEM 13: Introduction to Financial System 14: Financial Institutions 15: Financial Markets 16: Financial Instruments 17: Issue Management Unit V: FINANCIAL – SOURCES, RATIO ANALYSIS, LEVERAGES AND DISTRESS 18: Sources of Finance 19: Financial Ratio Analysis 20: Leverages 21: Corporate Financial Distress Unit VI: INTERNATIONAL FINANCIAL MANAGEMENT, CORPORATE RESTRUCTURING AND EMERGING FINANCIAL CONCEPTS 22: International Financial Management 23: Corporate Restructuring 24: New Economic Policy 25: Break-even Analysis ANNEXURE Model Test Papers Question Bank

Financial Management is an essential part of the economic and non-economic activities which leads to decide the efficient procurement and utilization of finance with profitable manner. In the olden days, the subject Financial Management was a part of accountancy with the traditional approaches. Nowadays, it has been enlarged with innovative and multi-dimensional functions in the field of business. With the effect of industrialization, Financial Management has become a vital part of the business concern and they are concentrating more in the field of Financial Management. Financial Management also developed as corporate finance, business finance, financial economics, financial mathematics and financial engineering. Understanding the basic concept about the Financial Management becomes an essential part for the students of Economics, Commerce and Management. A clear exposition of these concepts, procedures and techniques is a must for every business executive. The Universities and Professional Institutions which prepare young men and women for careers in business and industry have, therefore, a solemn duty to perform. Their courses must be constantly updated so that they meet the growing and dynamic demands of business and industry. Keeping the above objectives in mind, most of the universities all over the country have incorporated a subject 'Financial Management' in the course curriculum of their MBA and PGDM programmes. The unique feature of this book lies in the presentation of theory, which enables students to solve practical problems. The other main strengths of this book are its plentiful illustrative examples and end-of-chapter exercises. The wide coverage and user-friendly approach helps the book meet the requirements of the students of MBA. The book will also be of help to students of B.Com.; M.Com., M.C.A., M.F.M., C.A, ICWA and CS. Contents - Section – I: Introduction to Finance and Financial Management 1. Finance – An Introduction 2. Nature and Scope of Financial Management Section – II: Financing Decision 3. Sources of Finance 4. Capital Structure 5. Leverages 6. Cost of Capital Section – III: Investment and Dividend Decision 7. The Value of Money 8. Capital Budgeting – A Conceptual Framework 9. Capital Budgeting – Techniques of Evaluation 10. Risk Analysis in Capital Budgeting 11. Dividend Decisions Section – IV: Working Capital and Management of Working Capital 12. Working Capital – An Overview 13. Management of Working Capital – I 14. Management of Working Capital – II Section – V: Mergers and Acquisitions 15. Mergers and Acquisitions 16. Financial Management in Government Companies

In this book, a variety of financial management topics are covered, providing for a breadth of experiential learning. In modern management curriculum, learning concepts through cases has become an integral part of any course and this book will help the academicians to make the classroom more effective. More emphasis is given to concepts through practical situations. The questions at the end of each case will provide in-depth knoeledge about the subject. The cases in this volume are appropriate for courses beyond the first financial management course. While we do not generally recommend their use at the graduate level, there may be occasions to use Some of these cases to highlight lecture topics in lower-level masters courses. This book is specially designed for all masters- level courses in business and commerce students. Contents- 1. Financial Statement Analysis 2. Time Value and Valuation 3. Bond and Stock Valuation 4. Capital Budgeting Decisions 5. Leverage and Risk 6. Cost of Capital 7. Working Capital Management 8. Risk and Return 9. Entrepreneurial Finance 10. Banking Credit Decisions 11. Dividend Policy

Pedagogic aids : - Each chapter begins with learning objectives. - Illustrations immediately after explaining the principles. - Numerous solved problems and problems with solutions appended to each chapter. - Self-taught tools comprising fill-in-the-blank statements and true/false statements with answers at the end of each chapter. - Skill building exercises which help students develop skill in the subject by bridging the gap between theory and practice. New to this Edition - - Chapter 1: Limited Liability Partnership, risk-return trade-off, and new role of finance manager in the contemporary scenario. - New Chapters: - Cash Flow Analysis - Capital Market - Corporate Value Based Management System - Financial Information System - Basics of Management Control System Contents : Part One : Introduction 1. An Overview of Financial Management 2. The Financial System Part Two : Financial Planning 3. Cash Flow Analysis 4. Analysis of Financial Statements 5. Financial Planning Part Three : Fundamentals Concepts 6. The Time Value of Money 7. Fundamentals of Risk and Return 8. Valuation of Bonds and Stocks Part Four : Long-Terms Investment Decisions 9. The Cost of Capital 10. Techniques of Capital Budgeting 11. Risk and Refinements in Capital Budgeting Part Five : Financial Decision 12. Capital Structure and Leverages 13. Capital Structure and Firm Valuation Part Six : Long-Term Financing 14. Sources of Long-term Finance 15. Capital Market 16. Venture Capital Finance 17. Lease and Hire-Purchase Finance 18. Sources of Hybrid Finance Part Seven : Short-Term Investment Decision 19. An Overview of Working Capital Management 20. Cash Management 21. Receivables Management 22. Inventory Management 23. Sources of Working Capital Finance Part Eight : Dividend Decision 24. Dividend Policy − An Overview 25. Dividend Policy and Firm Valuation Part Nine : Special Topics 26. Corporate Value Based Management System 27. International Financial Management 28. Financial Information System 29. Basics of Management Control Systems

Since the days of recorded history, finance has been playing critical role in the lives of individuals, families and organisations. Organisations got wound up, families broke up and individuals were bankrupted if they failed to manage their finances effectively. It was all roses if funds were managed wisely and effectively. Grandma and grandfather managed finances easily. They hoarded the cash that came in and were generally frugal in spending. They were not required to open accounts, sign cheques and documents, and own plastic cards. Same was the status with organisations too. People who managed cash did not probably need lessons on management of finance. It is a different scenario today. Management of finances of individuals and of business organisations has become too complex and challenging. One should understand and implement set principles and practices of managing finance. Financial Management has been written keeping in mind the challenges of managing finances in different contexts. The text essentially revolves around three fundamental issues of managing finance: raising funds, investing them judiciously and dispersal of profits, including dividends to shareholders. Besides being comprehensive on the coverage of the subject, Financial Management has the following unique pedagogic aids: - Each chapter begins with learning objectives. - Numerous problems with solutions appended to each chapter. - Self-taught tools comprising fill-in-the-blank statements and true/false statements with answers at the end of each chapter. - Skill-building exercises which help students develop skill in the subject by bridging the gap between theory and practice. The book is free from jargons and verbose. It is written in simple conventional style. Though the book is aimed at meeting the requirements of Osmania University, II Semester MBA students, general readers too will find the book interesting and rewarding. UNIT I: THE FINANCE FUNCTION 1. An Overview of Financial Management 2. Time Value of Money UNIT II: THE INVESTMENT DECISION 3. Techniques of Capital Budgeting 4. Risk Analysis in Capital Budgeting UNIT III: THE FINANCING DECISION 5. Sources of Long-term Finance 6. Capital Structure (Including Leverages) 7. Capital Structure and Firm Value 8. Cost of Capital UNIT IV: CURRENT ASSETS MANAGEMENT AND DIVIDEND DECISION 9. Working Capital Management 10. Cash Management 11. Receivables Management 12. Inventory Management 13. Working Capital Finance 14. Dividend Policy 15. Dividend Policy and Firm Value UNIT V: CORPORATE RESTRUCTURING AND CORPORATE GOVERNANCE 16. Corporate Mergers, Acquisitions and Takeovers 17. Corporate Value Based Management Systems 18. Corporate Governance Appendix (Tables) Glossary

Finance is the life blood of commerce activity. It is required for every business unit, be it a small of medium and large scale industry. Every business enterprise has to raise the funds to start their business activities. The funds are available in the economy from different sources viz., primary market, secondary market, money market and personal funds. All these sources are exploited through the issues of long term and short term financial instruments. The funds so mobilized by the firm should be properly utilized to earn substantial amount of profit to the shareholders. These funds are exploited to earn the profit and allow the business to stay in the market to perform the above process of activities a full fledged knowledge in finance is very essential. This book takes the readers in all the three important key areas of finance. The authors congratulate the university for having specified this subject for B.Com and BBM students, which should definitely help the students community to gain substantial knowledge in the field of finance. Book Content of Financial Management 1. Financial Management 2. Financing Decisions 3. Investment Decision 4. Dividend Decisions 5. Working Capital Management Skill Development Additional Problems for Students

Financial Management is an integral part of Business education. Keeping this in mind Bangalore University introduced a full paper titled 'Essentials of Financial Management', in IV Semesters as core paper. But just having fundamental knowledge on financial management may not help to those who wants to specialise in finance. So, students need to understand Finance Theories for effective financial strategies. Thus, Bangalore University introduced 'Advanced Financial Management', for the V Semester B.Com (finance specialisation) students, which is welcome step. Though the book is targeted at B.Com V Semester students of Bangalore University, others also will find the book highly useful, who are keen in learning advance topics in financial management. Contents - 1. Risk Analysis in Capital Budgeting 2. Capital Structure and Firm Value 3. Working Capital Forecasting 4. Cash Management 5. Receivables Management 6. Inventory Management 7. Dividend Policy and Firm Value 8. International Financial Management

Financial Management is an integral part of commerce education. Bangalore University has been prescribing a paper on Financial Management in the syllabus for B.Com. In the annual scheme, financial management was only a portion in the paper on Business Management-II. In the present semester scheme, the paper is given an independent status. This is a welcome step. I have brought out Financial Management to meet the needs of the students pursuing B.Com. course in Bangalore University. I am aware of the fact there are several good books already available on the subject. I claim uniqueness for my book the following areas: Comprehensive coverage of the subject for undergraduate students. Presentation of subject which is direct and which is free from verbosity and tautology. Pedagogic aids comprising 80 illustrations, and 100 problems with answers. Self-taught tools comprising 120 fill in the blanks statement with answers, 120 true of false statements with answers, and 100 solved problems. Book Content of Essentials of Financial Management Introduction to Financial Management Financial Planning Time Value of Money Cost of Capital Capital Structure (Including Leverage) Capital Budgeting Working Capital Management Cash Management Receivables Capitals Management Inventory Management Sources of Working Capital Divided Policy Glossary Appendix-Tables

This book has been designed to equip the students pursuing study in Financial Management paper, with corporate exposure and need-based practical knowledge.This will help not only the students of this area but also the newly-joined corporate people who are working in the related areas. This book will enable the students of M.Com, CFA., ICAI, ICWAI and last but not the least, the MBA even BBA students of different B-Schools and Universities across our country and of many more. The theories and concepts have been simplified and lot of illustrations have been backed up which will be absolutely need -based and also student-worthy. In this book, besides presenting the general financial management in details we have also focused on how financial managers are using derivative products such as options, futures, swaps and forwards to eliminate financial risk. Besides showing financial analysis by using management accountintg and statistical techniques, discussions also have taken place in the area of technical analysis along with economic analysis of Derivative market so that we can offer the updated knowledge for that area which is either contining or upcoming and perhaps the most important for the students to work in there in near future. Contents- 1. Introduction of Financial Management 2. Time Value of Money 3. Risk and Return 4. Valuation of Securities 5. Introduction to Indian Financial System 6. Long-term Sources of Financing and Venture Capital 7. Cost ofCapital 8. Working Capital Management 9. Cash and Liquidity Management 10. Debtors Management 11. Inventory Management 12. Capital Budgeting 13. Leverage 14. Capital Structure Theories and Planning 15. Dividend Policy 16. Financial Statement Analysis 17. Analysis of Budget 18. Cash Flow Analysis 19. Risk Analysis in Capital Budgeting 20. CVP Analysis and Marginal Costing 21. Variance Analysis and Standard Costing 22  Merchant Banking 23. Financial Risk and Its Management 24. Derivative Market and Commodities 25. Portfolio Management 26. Corporate Restructuring 27. Overview of Manager Control System 28. Mergers and Acquisitions 29. International Financial Management 30. Investment Banking 31. Lease and Hire Purchasing 32. Options

The book 'Analysis of Financial Statements' for management students like MBA, PGDBM, MFC, MBE, MFM. This book is also useful for teachers and students of Finance, Commerce, CS students, ICWA Students, B.Com. students and M.Com. students/professionals/research institutions / companies / businessmen. The views expressed in this book are of author`s own. I have taken help of the various financial statements of companies while explaining the comparative position. I have also taken a few quotes against which I have given proper reference. Book Content of Analysis of Financial Statements 1. Revision of Balance Sheet Fundamentals 2. Revision of Profit and Loss Account Fundamentals 3. Indian Accounting Standards 4. Indian Accounting Standards vs. US GAAP 5. Cash Flow Analysis 6. Assessing Business Performance 7. Free Cash Flows to Equity and Firm 8. Advanced Accounting Concepts 9. Economic Value Added