CORPORATE FINANCE

CORPORATE FINANCE

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Code
64804
ACADEMIC YEAR
2019/2020
CREDITS
6 credits during the 3nd year of 8697 Business Administration (L-18) GENOVA

6 credits during the nd year of 8706 Accounting and Finance (LM-77) GENOVA

SCIENTIFIC DISCIPLINARY SECTOR
SECS-P/09
LANGUAGE
Italian
TEACHING LOCATION
GENOVA (Business Administration)
semester
1° Semester
Prerequisites
Teaching materials

OVERVIEW

The course introduces the student to the tasks of the finance function in the business management. In particular, the issues related to the objective - limitation of financial equilibrium and to the evaluation of the company strategies and of the investments that make them are examined in depth.

AIMS AND CONTENT

LEARNING OUTCOMES

The course proposes the development of institutional content related to the functions of finance within corporate management, with a careful cut in both the latest developments in theory and operational and application aspects. In particular, they develop financial analysis methodologies, criteria and methodologies for assessing corporate investment and the criteria and processes for defining the financial coverage of lending.

AIMS AND LEARNING OUTCOMES

The course has as main objectives:

- provide basic skills in corporate finance, with a view to training the financial management operator and that of the business consultant;

- provide the conceptual and analytical tools for an adequate assessment of the financial balance and of the financial flows

- deepen the logic and methodologies applicable to the evaluation of investments and strategies, which determine the needs of corporate financial resources

Teaching methods

Face-to-face learning

SYLLABUS/CONTENT

Financial cycles - financial structure construction as a balance of expected flows

Cash generation - training, types and use

Business strategies evaluation. Shareholders value approach. Economic value of strategy and value transfer to the shareholders, for different kinds of shareholders and in different kinds of ownership structure.

Evaluation of investments to implement strategies. Logic, criteria and application methods. Limits of traditional evaluation methods and integrative methods. Governament incentives and investment decisions

Finance structure decisions as strategic decisions. Equity level decisions. Opening of equity, listing on the stock exchange and value for shareholders

Basic models of financial structure and business development financing. Different kinds of companies and countries. Trade - off between business financing needs and shareholders value Off balance sheeet assets in SMEs.

Special Part

Valuation of bonds and equity

RECOMMENDED READING/BIBLIOGRAPHY

Attending students: lecture notes and distributed supplementary material

Students not attending:

BREALEY, MYERS SANDRI, Principles of Corporate Finance - 11th Global Edition,
MCGRAW HILL 2014 - chapters 1-2-4-6-7-8-9-12-13.

TEACHERS AND EXAM BOARD

Ricevimento: Thursday 15,30 to 16,30

Exam Board

PAOLO PARINI (President)

GIORGIA PROFUMO

LARA PENCO

GIUSEPPE LOMBARDO

LESSONS

Teaching methods

Face-to-face learning

LESSONS START

1° Semester

19 september - 15 december 2016

ORARI

L'orario di tutti gli insegnamenti è consultabile su EasyAcademy.

Vedi anche:

CORPORATE FINANCE

EXAMS

Exam description

written exam

Exam schedule

Date Time Location Type Notes
12/06/2020 15:30 GENOVA Scritto
03/07/2020 15:30 GENOVA Scritto
24/07/2020 15:30 GENOVA Scritto
11/09/2020 15:30 GENOVA Scritto