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CORPORATE FINANCE

CODE 64804
ACADEMIC YEAR 2018/2019
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
Prerequisites
You can take the exam for this unit if you passed the following exam(s):
  • Business Administration 8697 (coorte 2016/2017)
  • BUSINESS ADMINISTRATION 41125
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 is oriented to develop some institutional contents of corporate finance in the view of business management, considering both financial theory and operational issues.

Main topics will be financial analysis methods and principles and criteria to evaluate business strategies and investments opportunities that can be choosen to implement strategic options. 

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

Exam Board

PAOLO PARINI (President)

GIUSEPPE LOMBARDO

LARA PENCO

GIORGIA PROFUMO

LESSONS

TEACHING METHODS

Face-to-face learning

LESSONS START

1° Semester

19 september - 15 december 2016

Class schedule

CORPORATE FINANCE

EXAMS

EXAM DESCRIPTION

written exam

Exam schedule

Date Time Location Type Notes
18/01/2019 15:30 GENOVA Scritto
08/02/2019 15:30 GENOVA Scritto
14/06/2019 15:30 GENOVA Scritto
28/06/2019 15:30 GENOVA Scritto
12/07/2019 15:30 GENOVA Scritto
13/09/2019 15:30 GENOVA Scritto