#financial_management #FM #financialmanagement
Capital Budgeting
This video consists of the following:
1.
Concept and meaning of Risk : Risk is inherent in almost every business decision. More so in capital budgeting decisions as they involve costs and benefits extending over a long period of time during which many things can change in unanticipated ways.
2.
Different sources of risk:
i. Project-specific risks
ii. Competitive risk
iii. Industry-specific risk
iv. Market risk
v. International risk
Referred books for Financial Management :
1. https://amzn.to/2EixnpN
( Financial Management: Theory and Practice by Prasanna Chandra )
2. https://amzn.to/2GB3Vxr
( Elements of Financial Management by S.N Maheshwari ) ****BEST BOOK FOR FM****