Over the past forty years, the field of financial management and policy has evolved from a simple descriptive study of funding sources and analysis of the financial structure of businesses into an organized theory that represents a comprehensive understanding of modern financial topics.

Today, financial management and policy continues to evolve at an ever-increasing pace. Continuous changes in the business environment and the development of scientific research are constantly leading to new financing methods, new methods for understanding financial phenomena, and modern techniques and risk management methods that effectively contribute to rational financial decision-making.

The purpose of this book is to describe and analyze contemporary aspects of financial management and policy as they have evolved in recent years on a global scale. This book places special emphasis on the fundamental principles and techniques of financial management that govern the making of sound financial decisions.

It is aimed at students in higher education and those responsible for the financial operations of a business who are interested in learning about modern methods and subjects of financial management and policy for making correct decisions within the framework of globalization, the European Union, and high competitiveness.

The entire work includes twenty-three chapters.

We feel it is a duty to express our gratitude to the management of "Contemporary Publishing" for their care and effort to present this book in the best possible way.

[Excerpt from the preface text]