Financial Management: Theory and Practice: Theory and Practice

Author: Wang Xiaochang
Publisher:
Publish Date: 2003-08-01
Features: Financial management is an important component of enterprise management and a comprehensive management approach that utilizes value to conduct business operations. With the continuous improvement of China's socialist market economy system and the deepening reform of enterprise management systems, establishing a management system centered on financial management has become a common consensus among modern enterprises. Financial management is a crucial professional course for management and economics majors, requiring the application of knowledge from relevant disciplines such as economics, management, accounting, and mathematics. For example, theories such as marginal revenue and marginal cost from microeconomics, perfect competition theory, decision-making theory and behavioral science theory from management, accounting principles from accounting, statistical principles and quantitative analysis methods from mathematics, are widely applied in financial management. During the writing process of this book, the principle of "targeted, practical, and realistic" was followed, striving to link theory with practice, making it easy to understand. Attention was paid to using charts, examples, and illustrations to facilitate learners' comprehension.