📝 One-liners · 65 cards
Financial Managment
What is the primary objective of Financial Management in a banking firm?
The primary objective is to maximise shareholder wealth by ensuring optimal utilisation of funds, maintaining liquidity, and achieving profitability while managing risk.
What is 'Financial Management' as a discipline?
Planning, organizing, directing, and controlling financial activities of a firm.
What does the term 'Capital Structure' refer to in Financial Management?
Capital structure refers to the mix of long-term debt and equity used to finance a firm's assets, determining the proportion of owners' funds versus borrowed funds.
What is the 'Profit Maximization' objective in financial management?
Maximizing net profit after tax for the firm's owners.
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