Modern Financial Management in Focus

The Pakistan Accountant, March-August 2006

6 Pages Posted: 27 Mar 2011 Last revised: 5 Mar 2021

See all articles by Abdul Rafay

Abdul Rafay

University of Management & Technology (UMT), Pakistan

Date Written: August 20, 2006

Abstract

Now a days, value of a company depends on the extent to which investors expect future profits to exceed or fall short of the cost of capital. This article discusses the modern financial management measures and tools that have been developed over a period of time to achieve the above stated objective in an effective way.

Keywords: Financial management, MVA, EVA, CFROI

JEL Classification: M10

Suggested Citation

Rafay, Abdul, Modern Financial Management in Focus (August 20, 2006). The Pakistan Accountant, March-August 2006, Available at SSRN: https://ssrn.com/abstract=1792421

Abdul Rafay (Contact Author)

University of Management & Technology (UMT), Pakistan ( email )

C-II
Johar Town
Lahore, Punjab 54770
Pakistan
924235212801-10 (Phone)

HOME PAGE: http://www.umt.edu.pk

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