Financial management is generally concerned with short term working capital management, focusing on current assets and current liabilities, and managing fluctuations in foreign currency and product cycles, often through hedging. The function also entails the efficient and effective day-to-day management of funds, and thus overlaps treasury management. It is also involved with long term strategic financial management, focused on capital structure management, including capital raising, capital budgeting and dividend policy. The statistical methods which help in explaining the economic phenomenon are adapted as econometric method. The econometric relationships depict the random behaviour of economic relationships which are generally not considered in economics and mathematical formulations. Current issues in finance include the economic and regulatory impacts of the financial crisis and the growth of new types of finance.
This book aims to presents the emphasis on the behavioural issues in econometrics, financial management, quality control and optimization. The book points to a coverage of the latest research techniques and findings relating to the econometric analysis of financial markets. It is also concerned with the link between the real and financial sides of the economy, forecasting and recent developments in econometric techniques applicable to financial management research. This book presents the complex subject of finance management in the most comprehensible and easy to understand language. Such selected concepts that redefine this field have been presented in it. For someone with an interest and eye for detail, the book covers the most significant topics in the field.
Branden Jeffery has acquired Ph.D. in Econometrics and Statistics from Public University, Valparaíso. He has written research reports and articles on topics include managerial finance, corporate finance, financial management for IT services, and risk management. His primary areas of scholarly and research interests lie in the fields of mathematical statistics in econometrics. He is an Associate Professor at State Open University, Quilmes. Jeffery consistently shares his knowledge with the researcher fraternity by organizing lectures and conferences around the globe.
