Financial Management Practices An Empirical Study of Indian Corporat
Financial management practices are likely to have a marked effect on the financial performance of a corporate enterprise. Therefore, sound financial decisions/practices can contribute towards meeting the desired objective of having profitable operations.
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P.K. Jain Shveta Singh Surendra Singh Yadav
Financial Management Practices An Empirical Study of Indian Corporates
Financial Management Practices
India Studies in Business and Economics
For further volumes: http://www.springer.com/series/11234
P.K. Jain • Shveta Singh • Surendra Singh Yadav
Financial Management Practices An Empirical Study of Indian Corporates
P.K. Jain Department of Management Studies Indian Institute of Technology New Delhi, India
Shveta Singh Department of Management Studies Indian Institute of Technology New Delhi, India
Surendra Singh Yadav Department of Management Studies Indian Institute of Technology New Delhi, India
ISBN 978-81-322-0989-8 ISBN 978-81-322-0990-4 (eBook) DOI 10.1007/978-81-322-0990-4 Springer New Delhi Heidelberg New York Dordrecht London Library of Congress Control Number: 2013932645 © Springer India 2013 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)
To The Almighty and Our Family Members
Preface
Practice without theory is blind. Theory without practice is sterile. (Marx, Contribution to the Critique of Hegel’s Philosophy of Law, Jan. 1844, MECW, Vol. 3, p. 182)
Sound financial management practices followed by a corporate are likely to have a marked bearing on its profitability, competitiveness and surv
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