FIUBAFIP Corporate Finance

School of Business Administration in Karvina
Winter 2021
Extent and Intensity
1/2/0. 5 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Tomáš Heryán, Ph.D. (lecturer)
Ing. Tomáš Heryán, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Petra Růčková, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Contact Person: Ing. Irena Szarowská, Ph.D., MPA
Timetable
Mon 8:55–9:40 A423
  • Timetable of Seminar Groups:
FIUBAFIP/01: Mon 9:45–11:20 A423, T. Heryán
Prerequisites
FAKULTA(OPF) && TYP_STUDIA(B) && (FORMA(P) || FORMA(Z))
None
Course Enrolment Limitations
The course is also offered to the students of the fields other than those the course is directly associated with.
The capacity limit for the course is 24 student(s).
Current registration and enrolment status: enrolled: 0/24, only registered: 0/24
fields of study / plans the course is directly associated with
Course objectives
Course objectives: The aim of the course is to provide students with basic knowledge of corporate finance, introduce students to essential knowledge in financial management. The students will gradually get acquainted with principles of theory of investment, investment appraisal methods, assessing the risks of investment, financing, and long-term financing and forms of integration enterprises. Attention is also paid to the basics of dividend policy.
Learning outcomes
Seminar paper related to basics of the financial analysis among selected companies from a public stock exchange
Syllabus
  • [1] Corporate Finance Development:
    Types of business by the organization. The emergence and development of corporations. Corporate finance and financial management. The concept of corporate finance in a market economy. Company goal. Managerial theories of a firm, simple management model, full cost model, behaviorist theories of the firm, and employee theory of the company.

    [2] Time value of the money:
    Understanding time and its impact on money play a crucial role in the modern world. If we are talking about possibilities to compare two particular cash flows in the future or how to select the right opportunity to save money against inflation, the present and future value both have the same importance.

    [3] Corporate financing:
    Own and foreign sources, long-term and short-term, their basic characteristics, advantages, and disadvantages. In other words, for any company, it is necessary to finance its activities. Each type of financing, securities as stocks, bonds, bank loans, or a specific type as accruals, would be beneficial for a company. Annuity cash flows.

    [4] Evaluation investments:
    Evaluation aspects. Yield, risk, liquidity. Net present value method. Method of internal rate of return. Profitability index method. Maturity method. Average return method to book value. Advantages and disadvantages of individual methods. Uncertainty. Probability Determination Methods. Risk of an individual asset. Portfolio risk, consisting of two assets.

    [5] Financial management:
    Types of representative conflicts, representative costs, motivational mechanisms. Information asymmetry. Management models of a joint-stock company, Anglo-American model, continental-European model. Types of dividends. Definition of dividend and its breakdown by type of share to which they are paid, by dividend form, by payout interval.
Literature
    required literature
  • ROSS, S. A., R. W. WESTERFIELD, J. JAFFE and B. D. JORDAN, 2019. Corporate Finance. 12. vyd. New York, NY: McGraw-Hill Education. ISBN 978-1-2599-1894-0.
  • BERK, J. and P. DeMARZO, 2017. Corporate Finance, Global Edition. 4 vyd. Essex: Pearson Education. ISBN 978-1-292-16016-0.
    recommended literature
  • CAGAN, M. 2016. Stock Market 101: From Bull and Bear Markets to Dividends, Shares, and Margins – Your Essential Guide to the Stock Market. Avon: Adams Media. ISBN 978-1-4405-9919-4.
  • HALTOFOVÁ, P., 2014. Case Studies in Financial Management. Karviná: Slezská univerzita, Obchodně Podnikatelská fakulta. ISBN 978-80-7510-028-3.
  • SWEENEY, P. D., McFARLIN, D. B. 2014. International Management: Strategic Opportunities and Cultural Challenges. New York: Taylor & Francis. ISBN 978-0-415-82528-3.
Teaching methods
Skills demonstration at seminar classes
Assessment methods
Written exam
Language of instruction
English
Further comments (probably available only in Czech)
Study Materials
The course can also be completed outside the examination period.
The course is taught each semester.
Teacher's information
seminar paper(20p); two ongoing tests (2x10p); final exam (60p)
Activity Difficulty [h]
Ostatní studijní zátěž 66
Přednáška 13
Seminář 26
Zkouška 40
Summary 145
The course is also listed under the following terms Winter 2014, Winter 2015, Winter 2016, Winter 2017, Winter 2018, Winter 2019, Summer 2022.
  • Enrolment Statistics (Winter 2021, recent)
  • Permalink: https://is.slu.cz/course/opf/winter2021/FIUBAFIP