Role of Financial Management in Business

Document Type : Primary Research paper


Department of Commerce, D. P. Vipra College Bilaspur (C.G.)


As we all know that financial management play’s role in the development of business enterprises as well as the development of a country's economic condition.Financial management has a very special place in the operation system, because of close connection with finance and operation, technology, assets, employment force, etc. The progressive financial director needs to be flexible in order to adapt the changing economic conditions. The success and capability of any business enterprise depends upon the acquisition and allocation of finance in the different sectors of the enterprise. The main motive of financial management is to maximize the value of stocks by making opinions which will result in the increase the value of enterprise.