Financial Management Objectives
Financial management that achieves the target well is to carry out its functions properly and is accompanied in every action that is full of all risks that may arise so that its implementation can run efficiently and effectively, which in turn can increase the value of the company and lift the company's dignity in the eyes of the public. A successful financial manager is one who carries out and carries out his functions efficiently and can assess the success obtained, how far the implementation of these functions by looking at the value of the company, wherein said the value of the company is the price that is willing to be paid by potential investors if the company was sold .
The value of the company is related to the company's shares, if the stock price rises it might be said that the policies and decisions that have been applied in the company's financial management are correct. So it is often also said that the normative goal of financial management is to maximize the value of the company and the prosperity of the shareholders. The purpose of financial management can also be directed to strive for each unit of the company's business activities to generate maximum profit / profit and avoid financial waste, and maintain a balance of available sources of capital with the use of capital in the company's activities
Structural Financial Management Position.
Structurally the position of director or financial manager is considered high because the financial sector is a central point in decision making at the leadership level
the peak. It can be seen that the financial manager is responsible for; 1) formulation of corporate financial policies, 2) conducting financial analysis assisted by treasurers and accounting departments. Besides that, financial managers must be able to work together with other directors / managers who make decisions in their respective fields, which involves financial aspects