Financial Management Principles and Practice by Lawyer C Obara Bassey O Eyo Free Ebook

Financial Management: Principles and Practice is a text designed to assist the
readers to develop an understanding of the rapidly evolving and existing theory of
finance. It is also aimed at familiarizing readers with the ways in which analytical
techniques are applied to a variety of problems in financial management. Our
pedagogical aids include the use of local examples and application of financial
management principles in solving practical problems.

Practical questions are raised at the end of each topic and solutions to such
problems are provided using the principles discussed. End of chapter questions on
topical issues relevant to the chapter discussions are also provided to challenge readers
to apply financial management principles to actual problems. We have adopted this
approach to lessen the burden of students in knowing how best to apply financial
management principles and (often difficult quantitative tools) to solve practical
financial management problems. Based on our experience in the teaching of the
course over the years, in addition to our consultancy with business firms on financial
problems and policies, we have been able to identify some of the most significant
responsibilities of financial managers, the most fundamental problems facing firms
in Nigeria and the possible feasible approaches to practical decision-making within
the context of local inputs and environmental constraints. We hope the use of local
examples will offer added clarity to the understanding of the issues.
The book contains materials that will benefit both practitioners and students
in under-graduate and graduate levels.

The order of the chapters reflects our preference for teaching the course, but
other users may approach them in whatever order they deem appropriate. The field
of finance and its development are known to be contingent on the development of
the Global economy. As the economy experiences growth and dynamic changes,
these changes impact on finance and its tools of analysis. We hope that this book
will contribute to a better understanding of these developments.