CODE 64804 ACADEMIC YEAR 2020/2021 CREDITS 6 cfu anno 3 ECONOMIA AZIENDALE 8697 (L-18) - GENOVA 6 cfu anno ECONOMIA AZIENDALE 8697 (L-18) - GENOVA 6 cfu anno AMMINISTRAZIONE, FINANZA E CONTROLLO 8706 (LM-77) - GENOVA 6 cfu anno MANAGEMENT 8707 (LM-77) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/09 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 1° Semester PREREQUISITES Propedeuticità in ingresso Per sostenere l'esame di questo insegnamento è necessario aver sostenuto i seguenti esami: Business Administration 8697 (coorte 2018/2019) BUSINESS ADMINISTRATION 41125 2018 TEACHING MATERIALS AULAWEB 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 PAOLO PARINI Ricevimento: Thursday 15,30 to 16,30 Exam Board PAOLO PARINI (President) LARA PENCO GIORGIA PROFUMO LAURA NIERI (President) MARCO DI ANTONIO FRANCESCA QUERCI LESSONS LESSONS START 1° Semester Class schedule CORPORATE FINANCE EXAMS EXAM DESCRIPTION oral examination Exam schedule Data appello Orario Luogo Degree type Note 15/01/2021 15:30 GENOVA Orale 05/02/2021 15:30 GENOVA Orale 07/05/2021 15:00 GENOVA Orale 11/06/2021 15:30 GENOVA Orale 02/07/2021 15:30 GENOVA Orale 23/07/2021 15:30 GENOVA Orale 03/09/2021 15:30 GENOVA Orale