Financial Management Lecture: Chapter 1 - Key Concepts and Decisions

This PowerPoint presentation provides a comprehensive overview of financial management, covering essential concepts such as the meaning and classification of finance, including personal, public, and business finance. It defines financial management and its objectives, emphasizing shareholder wealth maximization. The presentation delves into the three main financial decisions: financing, investment (including capital budgeting and working capital), and dividend decisions. It explores the goals of organizations, contrasting profit maximization with wealth maximization, and analyzes the advantages and disadvantages of each approach. The lecture also covers the determinants of business size, asset composition, and capital structure, providing a thorough understanding of the subject matter. This lecture is designed to provide students with a solid foundation in the core principles of financial management.