Efficient financial management is the essence of business. This book analyses and evaluates core financial management practices of corporate enterprises in India across diverse sectors including realty, FMCG, pharmaceutical, automobile, IT, chemical and BPO sectors. It emphasizes the importance of the integrated process of capital investments, financing policy, working capital management and dividend distribution for shareholders for a developing economy as India. It further highlights the need for financial viability both in totality and segmental performance. The volume also offers a comparative study of the practices of the companies in different sectors to allow a better appreciation of the issues and challenges regarding management of finances.
Rich in case studies, this book will be an indispensable resource for scholars, teachers and students of financial management, business economics as also corporate practitioners.
Table of Contents
Preface. List of tables. List of figures. Part 1: Introduction 1. Nature of Financial Management Part 2: Investment Decisions: A. Capital Budgeting 2. Capital Budgeting: Nature & Scope 3. Capital Budgeting practices of Realty Sector in India 4. Capital Budgeting practices of FMCG Sector in India 5. Capital Budgeting practices of Pharmaceutical Sector in India 6. Capital Budgeting practices of Automobile Sector in India 7. Capital Budgeting practices of Power Sector in India Part 3: Financing Decision 8. Capital structure planning and policy 9. Financing policy of Steel Sector in India 10. Financing policy of Diversified Sector in India 11. Financing policy of Construction Sector in India 12. Financing policy of Auto Sector in India 13.Financing policy of IT Sector in India 14. Financing Policy of BPO Sector in India 15. Shareholders’ wealth maximization in FMCG sector in India Part 4: Investment Decision: B. Working Capital Management 16. Working Capital Management: The Conceptual Framework 17. Operating efficiency of Auto Sector in India 18. Working capital Analysis of Corporate India 19. Working capital Analysis of Textile Sector in India 20. Working capital Analysis of Cement Sector in India 21. Working Capital Analysis of IT Sector in India 22. Positive & Negative working capital impact in Corporate Sector in India Part 5: Dividend Decision 23. Dividend Policy: An Overview 24. Divided Policy of FMCG Sector in India 25. Divided Policy of Chemical Sector in India 26. Divided Policy of Power Sector in India 27. Divided Policy and Market Return References.
Sandeep Goel is Associate Professor of Finance at the Management Development Institute (MDI), Gurgaon, India. He has double doctorate, one in finance and another in accounting, from the Faculty of Management Studies, University of Delhi. He has twenty years of industry and academic experience in different organisations and institutions of repute, including the Shri Ram Group, University of Delhi and MDI. His areas of teaching and research interests are financial reporting and analysis, corporate finance, corporate governance and earnings management. He has authored six books and published over fifty articles in national and international journals.