Example: Tech Innovators Inc. choosing a Moderate Dividend Payout Policy.

Goal: Maximize the value of all shareholders (long-term).
Time Horizon: Focuses on the long term.
Time Value of Money: Considers it.
Sustainability: Uses sustainable practices.
Flexibility: Allows easy readjustments to strategies.
Risk: Strategies tend to be less risky as company seeks long-term sustainability.
ESG: Prioritizes ESG factors to improve reputation and compliance.
Financial Ratios Used: EPS, P/E ratio, P/B ratio.
Maximisation Procedure: Increases company's stock value for shareholders.

Economics: Provides theoretical foundation for financial decision-making (resource allocation, supply/demand).
Accounting: Records financial transactions and provides data for analysis, financial statements, and budgeting.
Mathematics: Foundation for financial concepts (interest, present/future value) and risk assessment models.
Production Management: FM provides budgets for optimal resource allocation and assists in cost control.
Marketing: FM allocates budgets for campaigns and assesses ROI, helps set pricing strategies.
Human Resources: FM ensures allocation of funds for salaries, benefits, and budgeting for training/development.

Practice of managing finances and preparing for potential costs/issues.
Evaluates current financial situation, identifies goals, develops recommendations.
Not the same as asset management.

Cash Flow Planning: Managing inflow and outflow of money for income and expenses.
Investment Planning: Identifying life goals and investing in financial instruments (equities, debt, mutual funds).
Insurance Planning: Securing oneself from unpredictable risks (life, health, auto, home).
Tax Planning: Minimizing tax liability through tax-saving instruments and deductions.
Real Estate Planning: Investing in real estate for long-term returns and as a safety net.
Children's Future Planning: Planning f