Capital Budgeting Decision And Its Relation With Other...

This chapter introduces the significance of capital budgeting decision and its relation with other aspects of finance. Thereafter, it describes the current condition of power generation projects in India. Later it throws light on the need, scope and objectives of this research related to risk and capital budgeting practices in Indian public and private sector power projects. The organization of research and its limitations are discussed at the end of the chapter. Financial management refers to the efficient and effective management of money in such a way so as to timely accomplish the essential objectives of the organization. It is the specialized function directly associated with the top management. Finance may also be defined as the management of money in such a way that it is exactly available at the time it is required. Every organization, big or small, needs funds or money to carry out its day-to-day business operations and attain its previously defined goals. In fact, finance affects not only the survival and growth but also virtually the whole existence of almost any business organization be it financial or non-financial, private or public, large or small, profit seeking or non-profit organization. It is indeed this significance of finance that it has led to the emergence of the concept of corporate finance, popularly known as financial management. Financial management deals with financial planning, acquisition of funds, use and alloca tion of funds, and financialShow MoreRelatedImportance of Payback Method in Capital Budgeting Decision17803 Words   |  72 PagesSchool of Management Blekinge Institute of Technology THE IMPORTANCE OF THE PAYBACK METHOD IN CAPITAL BUDGETING DECISION. By Alaba Femi, AWOMEWE Oludele Olawale, OGUNDELE Supervisor: Anders Hederstierna Thesis for the Master’s degree in Business Administration Fall/Spring 2008 THE IMPORTANCE OF THE PAYBACK METHOD IN CAPITAL BUDGETING DECISION. By Alaba Femi, AWOMEWE Oludele Olawale, OGUNDELE A thesis submitted in partial fulfillment of the requirements for the degreeRead MoreThe Investment Decision, the Financing Decision and the Dividend Decision Are Sides of the Financial Management Triangle with Visible Interface. Examine This Statement Critically1666 Words   |  7 PagesTHE INVESTMENT DECISION, THE FINANCING DECISION AND THE DIVIDEND DECISION ARE SIDES OF THE FINANCIAL MANAGEMENT TRIANGLE WITH VISIBLE INTERFACE. EXAMINE THIS STATEMENT CRITICALLY A SEMINAR PAPER PRESENTED IN PARTIAL FULFILMENT OF COURSE REQUIREMENT FOR MANAGERIAL FINANCE BY EMUCHAY KENNETH AZUBUIKE M.SC / FINANCE MATRIC NO: LUC/PG/09/ LEAD CITY UNIVERSITY, IBADAN LECTURER: PROF WOLE ADEWUMI INTRODUCTION: In illustratingRead MoreImportance Of Finance As A Decision Making Tool Within Organizational Contexts2105 Words   |  9 PagesThe following report will justify the use and importance of finance as a decision making tool within organisational contexts. 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