A Longitudinal Study of Corporate Financial Performance and Shareholders Wealth Creation of Selected FMCG Companies

Abstract

Financial Management is all about preparing, directing and allocating with the cash dealings of a firm or company. Like, purchasing, proposing and employing cash to its best results to strengthen wealth of the firm and create best an inducement for cash. It is fundamentally spread over general administrative concepts to the cash of a firm. newlineFinancial Management indicates placing, sorting out, harmonizing and governing the financial exercises. i.e. procurement and usage of assets of the firm. It indicates applying general administrative standards to financial assets of the company.Scope of financial management is supported by growth of the wealth of shareholders, which depend on the increase in total net worth, capital financed in the business, and retained earnings for the advancement and prosperity of the business. In an organization, administrators are in purpose to minimize the costs of finding finance and utilizing it in the most gainful manner, some of the important decisions can be considered as most important decisions are as follows. newline