Currículo
Corporate Investment Appraisal CIA
Contextos
Groupo: Finance > 2º Ciclo > Parte Escolar > Unidades Curriculares Obrigatórias
ECTS
6.0 (para cálculo da média)
Objectivos
This course presents the foundations of corporate investments and corporate finance with an emphasis on applications that are vital for corporate managers who are responsible for significant strategic financial decisions. Capital investments, corporate financial structure and dividends policies are part of those strategic finance decisions that significantly affect the company’s operations, financials, returns and risk. The concept of net present value is used to analyze how these decisions affect the value of the firm. The course covers topics that interact with other areas of the company such as operations management, marketing and corporate strategy.
Programa
1.Introduction 2.Assessing Business Performance (Financial Statement Analysis) Case study assigned for evaluation: Jerónimo Martins Group 3.Estimating the Cost of Capital 4.Capital Budgeting Case Study on Capital Investment Analysis: New Heritage Doll 5.Designing a Capital Structure Case Study on Designing a Capital Structure: RM Furniture Kraft (A) and (B) 6.Dividend policy and share repurchasing Case Study on Dividends Policy: Strong Motors
Método de Avaliação
The course uses analytical framework and case studies to introduce key issues of corporate finance. Students have to explore real data for writing up one case study in syndicated group. One assessing the business performance of a company including the cost of capital
Carga Horária
Carga Horária de Contacto -
Trabalho Autónomo - 121.0
Carga Total -
Bibliografia
Principal
- Finance for Executives: Managing for Value Creation, 5th Edition: Hawawini and Viallet 2015 Cengage Learning
- Corporate Finance: A Practical Approach: Clayman, M. et al. 2012 Clayman, MWiley, CFA Institute Investment Series
Secundária
- Using APV: A Better Tool for Valuing Operations?: Luehrman, T. 1997 Luehrman, T. (1997), UsiHarvard Business Review, Mai-Jun, 145-154
- What’s it Worth?: A General Manager's Guide to Valuation: Luehrman, T. 1997 Luehrman, T. (1997), WHarvard Business Review, Mai-Jun, 132-142.