OPF:FINNPMFM International Financial Manage - Course Information

FINNPMFM International Financial Management

Extent and Intensity

2/1/0. 5 credit(s). Type of Completion: zk (examination).

Teacher(s)

Ing. Michaela Roubíčková, Ph.D. (lecturer)
Ing. Michaela Roubíčková, Ph.D. (seminar tutor)
Ing. Ivo Veselý (seminar tutor)

Guaranteed by

Ing. Michaela Roubíčková, Ph.D.
Department of Finance and Accounting – School of Business Administration in Karvina

Prerequisites

None

Course Enrolment Limitations

The course is also offered to the students of the fields other than those the course is directly associated with.

fields of study / plans the course is directly associated with

• Banking (programme OPF, N_HOSPOL)
• Business Economics in Trade and Services (programme OPF, N_EKOMAN)
• Marketing and Management (programme OPF, N_EKOMAN)
• Accounting and Taxes (programme OPF, N_EKOMAN)

Course objectives

Course objectives: The aim of the course is to provide students with understanding of the key aspects of management and financing of multinational corporations in different models of corporate governance. Attention is focused both on the possibility of raising long-term funds and the modern methods of short-term financing used by corporations (such as cash pooling). Interpretation involves the issue of dividend policy in terms of multinational corporations, including the issue of repatriation of profits. Finally, attention is paid to the investment policy of multinational corporations, from the perspective of foreign direct investment, mergers and acquisitions.

Syllabus

• 1. Theory of multinational corporations
  2. Definition of financial systems
  3. Multinational corporations and capital markets
  4. Multinational corporations and banking
  5. Multinational corporations and foreign capital markets
  6. The capital structure of multinational corporations
  7. Transaction management and operational risk
  8. Management of translational and accounting risks
  9. Financing of Foreign Trade
  10. Dividend Policy
  11. Dividend policy in practice
  12. Direct and portfolio foreign investment
  13. Mergers and acquisition

Literature

required literature
• MADURA, J. International Financial Management. Mason etc.: South-Western Publishing, 2011. ISBN 13978-0-538-48221. info
• SHAPIRO, AC. Multinational Financial Management. Boston, etc: John Willey & Sons, 2010. ISBN 13978-0470-415016. info
• MADURA, J., FOX, R. International Financial Management. London, 2007. ISBN 978-1-84480-360-6. info
• KISLINGEROVÁ, E. a kol. Manažerské finance. Praha: C.H. Beck, 2004. ISBN 80-7179-802-9. info
• POLEDNÁKOVÁ, A., BIKÁR, M., KMEŤKO, M. Medzinárodný finančný manažment. Bratislava: EKONÓM, 2003. ISBN 80-225-1625-2. info

recommended literature
• Časopisecké články z: Euromoney, Economist, Ekonom, Politická ekonomie, Ekonomický časopis, Finance a úvěr a jiných periodik dle doporučení vedoucích seminářů. info
• Various readings from The Economist, The Euro and other financial magazines. info
• RASTOGI, M.K. A Textbook Of International Financial Management. New York, 2011. ISBN 978-9-38085-629-2. info
• MINOW, N., MONKS, RAG. Corporate Governance. Chichester: John Wiley & Sons Ltd, 2008. ISBN 978-1-4051-7106-9. info
• WATSON, D., HEAD, A. Corporate Finance: Principles & Practice. Essex: Pearson Educated Limited, 2007. ISBN 978-0-273-70644-1. info
• BLOCK, SB., GEOFFREY, GA. Foundations of Financial Management. Boston: McGraw-Hill, 2005. ISBN 0-07-284229-6. info
• CRUM, R.L., BRIGHAM, E.F., HOUSTON, J.F. Fundamentals of International Finance. Mason, OH: South-Western, 2005. info
• BURKLEY, A., ROSS, SA., WESTERFIELD, RW., JAFFE, JF. Corporate Finance Europe. Cambridge: McGraw-Hill, 2004. ISBN 0-256-13473-1. info
• EMERY, D.R., FINNERTY, J.D., STOWE, J.D. Corporate Financial Management. Pearson Education, Inc., 2004. ISBN 0-13-083226-X. info
• CORELIUS DA SILVA, L., GOERGEN, M., RENNEBOOG, L. Dividend Policy and Corporate Governance. Oxford: Oxford University Press, 2004. ISBN 0-19-925930-5. info
• CHOEL, SE., BRUCE, GR. International Financial Management. Boston: McGraw-Hill/Irwin, 2004. ISBN 0-07-121456-9. info
• DURČÁKOVÁ, J., MANDEL, M. Mezinárodní finance. 2.vyd. Praha: Management Press, 2003. ISBN 80-7261-090-2. info
• EITEMAN, D.K., STONEHIL, A.I., MOFFETT, M.H. Multinational Business Finance(9th ed.). Boston: Addison Wesley Longman, 2001. ISBN 0-201-63538-0. info
• JINDŘICHOVSKÁ, I., BLAHA, Z.S. Podnikové finance. Praha: Management Press, 2001. ISBN 80-7261-025-2. info
• MONKS, RAG. The New Global Investors. Oxford: Capstone Publishing Limited, 2001. ISBN 1-84112-109-6. info

Teaching methods

Skills demonstration
Seminar classes

Assessment methods

Written exam

Language of instruction

Czech

Further comments (probably available only in Czech)

The course can also be completed outside the examination period.

Teacher's information

attendance in seminars 25 %, ongoing test, final written combined exam

Activity	Difficulty [h]
Ostatní studijní zátěž	66
Přednáška	26
Seminář	13
Zkouška	40
Summary	145

• Enrolment Statistics (recent)
  
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