DESCRIPTION
The Ultimate Strategic Financial Management
Strategic financial management includes assessing and managing a company's capital structure, the mix of debt and equity finance employed, to ensure a company's long-term solvency.
Strategic financial management means not only managing a company's finances but managing them with the intention to succeed—that is, to attain the company's long-term goals and objectives and maximize shareholder value over time.
Strategic financial management is about creating profit for the business and ensuring an acceptable return on investment (ROI). Financial management is accomplished through business financial plans, setting up financial controls, and financial decision-making.
Before a company can manage itself strategically, it first needs to define its objectives precisely, identify and quantify its available and potential resources, and devise a specific plan to use its finances and other capital resources toward achieving its goals.
Strategic management also involves understanding and properly controlling, allocating, and obtaining a company's assets and liabilities, including monitoring operational financing items like expenditures, revenues, accounts receivable and payable, cash flow, and profitability.
Strategic financial management encompasses furthermore involves continuous evaluating, planning, and adjusting to keep the company focused and on track toward long-term goals. When a company is managing strategically, it deals with short-term issues on an ad hoc basis in ways that do not derail its long-term vision.
Having a long-term focus helps a company maintain its goals, even as short-term rough patches or opportunities come and go. As a result, strategic management helps keep a firm profitable and stable by sticking to its long-run plan. Strategic management not only sets company targets but sets guidelines for achieving those objectives even as challenges appear along the way.
Strategic management can encompass all aspects of a firm's long-term objectives. Financial management often plays a key role in this, which involves cost reduction, risk management, and budgeting.
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THERE ARE 12 PRODUCTS IN THIS BUNDLE:
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The Cost of Capital (Finance Management)
Lecture Outline
1. What types of long-term capital do firms use?
2. Should we focus on before-tax or after-tax capital... [read more]
Individual Price: $20.00
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Financial Planning & Forecasting
Lecture Outline
1. Additional Funds Needed (AFN) formula
2. Sales forecasts
3. Financial Planning
4, Pro Forma Financial... [read more]
Individual Price: $25.00
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Financial Statement, Cash Flow and Taxes
Lecture Outline
1. Balance sheet
2. Income statement
3. Statement of cash flows
4. Accounting income versus cash flow
5. MVA and... [read more]
Individual Price: $20.00
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Cash Flow Estimation and Risk Analysis
Finance Management
Lecture Outline
1. Incremental Cash Flow for a Project
2. What is the depreciation basis?
3. Why is it important... [read more]
Individual Price: $25.00
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Multinational Financial Management
Lecture Outline
1. Factors that make multinational financial management different
2. Exchange rates and trading
3. International... [read more]
Individual Price: $20.00
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Risk and Return in Investment (Financial Management)
Lecture Outline
1. Basic return concepts
2. Basic risk concepts
3, Stand-alone risk
4, Portfolio... [read more]
Individual Price: $25.00
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Hybrid Financing: Preferred Stock, Warrants, and Convertibles
Lecture Outline
1. Types of hybrid securities : Preferred stock. Warrants. Convertibles
2. How does preferred... [read more]
Individual Price: $25.00
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The Financial Environment
Lecture Outline
1. Why is corporate finance important to all managers?
2. Business organization evolves from a start-up to a major... [read more]
Individual Price: $20.00
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IPO, Investment Banking, and Managing Debt Risk
Lecture Outline
1, What agencies regulate securities markets?
2, How are start-up firms usually financed?
3, Differentiate... [read more]
Individual Price: $20.00
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Mergers, LBOs, Divestitures and Holding Companies
Lecture Outline
1. What are some valid economic justifications for mergers?
2. What are some questionable reasons for... [read more]
Individual Price: $25.00
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Bankruptcy, Reorganization and Liquidation
Lecture Outline
1. What are the major causes of business failure?
2. Do business failures occur evenly over time?
3. What size... [read more]
Individual Price: $25.00
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Time Value Of Money
Lecture Outline
1. PV and FV of Annuity Due vs. Ordinary Annuity
2. Nominal rate (iNom)
3. Periodic rate (iPer )
4. Effective Annual... [read more]
Individual Price: $20.00
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