Corporate finance describes the basic principles of corporate finance from both theoretical and practical aspects. Taking non-financial enterprises as the research object, it solves the problems such as what kind of long-term investment projects the company should choose, how to raise funds for the projects to be invested, and how enterprise managers manage daily cash and financial work, namely capital budget, capital structure and working capital management. This course mainly includes: introduction to corporate finance, investment valuation, capital budget and capital structure. This course is designed to enable students to understand and master some basic theories and principles of corporate finance. Through the study of this course, students would more clearly understand the significance of investment, financing and dividend payment decisions for the goal of "maximizing the wealth of corporate shareholders".
Overview
Syllabus
- Lecture 1-Introduction to Corporate Finance
- Lecture 2-Agency Problem and Financial Market
- Lecture 3 The Balance Sheet
- Lecture 4 Income Statement
- Lecture 5-Cash Flow
- Lecture 6-Financial Statements Analysis
- Lecture 7-Du Pont Approach
- Lecture 8-Percent of Sales Approach
- Lecture 9-Time Value of Money
- Lecture 10-Mutiple Cash Flow
- Lecture11- Bond Valuation
- Lecture12-Inflation and Interest Rate
- Lecture13-Stock Valuation
- Lecture14-Net Present Value
- Lecture15-Other Investment Rules
- Lecture16-Making Capital Investment Decision
- Lecture17-Cost Cutting
- Lecture18-Set Bid Price
- Lecture19-Risk and Return
- Lecture20-Expected Return and Risk
- Lecture21-Risk
- Lecture22-Relatiohship between Risk and Expected Return
- Lecture23-Cost of Capital
- Lecture24-Financial Leverage
- Lecture25-MM Proposition(No Taxes)
- Lecture26-MM Proposition(with Taxes)
- Lecture27-Stock Repurchase versus Cash Dividends
- Lecture28-Stock Dividends and Stock Splits
- Final Exams
Taught by
BI JINLING and Chengcheng Li
