( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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ROLE AND EFFECTIVE MANAGEMENT OF FINANCIAL IN THE INDUSTRIAL GROWTH AND DEVELOPMENT

    3 Author(s):  VEENA NAIK, M.S. PRASHANTH, VEERANDRA V. SHANBHAG

Vol -  10, Issue- 10 ,         Page(s) : 200 - 209  (2019 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

Financial management refers to efficient and effective management of money or funds in such a manner as to accomplish the objective of organization. The word finance contains various concepts like capital structure and goals of the firm, objective of management, analysis of capital, theories of capital structure, cost of capital, capital Budgeting, dividend policies etc. Financial management typically applies to an organization or company’s financial strategy. It includes how to raise the capital and how to allocate capital i.e., capital Budgeting. Not only for long term budgeting but also how to allocate short term resources like current liabilities. It also deals with dividend policies of share holders, the role of financial manager and an examination of the financial environment.

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