financial management is science and art of dealing with money for the efficient sourcing and...
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Accounting
financial management is science and art of dealing with money for the efficient sourcing and utilizing money to create maximum value or wealth. It is the study of how the required short term and long term financial capital and raised and how the capital are to be successfully deployed in such a manner so as to yield maximum net present value for businesses shareholders. it is this rational which gives rise to agency problem also ....
Woudl you agree with the above statements??? Why ???
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