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Functions of Finance and Their Relevance in Modern Management

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  • Ravi Kiran Pulugam

Abstract

Finance is often regarded as the lifeblood of a business enterprise, as it underpins every aspect of economic activity in today’s money-oriented economy. While initially treated as a subset of economics, corporate finance has evolved into a distinct discipline, moving beyond the traditional focus on capital markets and recordkeeping. In the modern business environment, finance extends to crucial managerial functions, including investment, financing, and dividend decisions, all of which directly influence the efficiency and sustainability of enterprises. This paper examines the core functions of finance and highlights their relevance in modern management practices, emphasizing their role in achieving financial stability, maximizing shareholder wealth, and supporting strategic business growth.

Suggested Citation

  • Ravi Kiran Pulugam, 2016. "Functions of Finance and Their Relevance in Modern Management," International Journal of Scientific Research in Computer Science, Engineering and Information Technology, International Journal of Scientific Research in Computer Science, Engineering and Information Technology, vol. 1(2), pages 197-204, September.
    • Handle: RePEc:jbh:ijsrcs:v1:y2016:i2:id:hcseit2062172
    Note: Article URL: https://ijsrcseit.com/CSEIT2062172
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