FIUBACOFK Corporate Finance

School of Business Administration in Karvina
Summer 2023
Extent and Intensity
0/0/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Mgr. Tetiana Konieva, Ph.D. (lecturer)
Guaranteed by
Ing. Tomáš Heryán, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina
Contact Person: Ing. Irena Szarowská, Ph.D., MPA
Timetable
Fri 3. 3. 13:55–15:30 A423, Fri 24. 3. 13:55–15:30 A423, Fri 21. 4. 13:55–15:30 A423
Prerequisites
FAKULTA(OPF) && TYP_STUDIA(B) && FORMA(K)
none
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.

The capacity limit for the course is 40 student(s).
Current registration and enrolment status: enrolled: 1/40, only registered: 0/40
fields of study / plans the course is directly associated with
Course objectives
Course objectives: The course aims to provide students with basic knowledge of corporate finance and introduce students to essential knowledge in financial management. The students will gradually get acquainted with the principles of the investment theory, 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 is crucial 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 essential characteristics, advantages, and disadvantages. In other words, for any company, it is necessary to finance its activities. Each type of financing, securities such as stocks, bonds, bank loans, or a specific type as accruals, would benefit 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 three classes, self-learning
Assessment methods
Two ongoing tests (max. 10 points each); a seminar paper (max. 20 points), Final written exam of max. 60 points (20p test questions, 20p compounding examples, 20p theoretical essay questions). The minimum required number of points for passing the course is 51 % of the total number of points.
Language of instruction
English
Further Comments
Study Materials
  • Enrolment Statistics (recent)
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