| 當期課號 |
7043 |
Course Number |
7043 |
| 授課教師 |
李宗政 |
Instructor |
LEE,CHUNG CHENG |
| 中文課名 |
財務管理研究 |
Course Name |
Financial Management Research |
| 開課單位 |
企業管理系碩士班一A |
Department |
|
| 修習別 |
必修 |
Required/Elective |
Required |
| 學分數 |
3 |
Credits |
3 |
| 課程目標 |
以單元之方式，依序介紹財務管理之重要概念及基本理論，輔以台灣之實證研究或應用實例，期能經由紮實之訓練，為同學謀職或進修奠下良好之基礎。涵蓋財務管理導論、財務管理基本觀念、金融資產訂價、資本企畫、資本結構、股利政策等課題。 |
Objectives |
This is an one-semester elective course. On top of introducing students to understand the nature and importance of financial management, the class moves on to discuss the following topics:1.The trade-off between risk and return;2.Pricing of financial assets;3.Captial budgeting;4.Optimal capital structure;5.Optimal dividend policy. |
| 教材 |
1.Brealey, Richard A. and Stewart C.
Myers, Principals of Corporate
Finance, 9th Edition, 2008, McGraw-
Hill, USA.
2.另附之書單。 |
Teaching Materials |
1.Brealey, Richard A. and Stewart C.
Myers, Principals of Corporate
Finance, 9th Edition, 2008, McGraw-
Hill, USA.
2.Assigned Readings. |
| 成績評量方式 |
課堂參與:30%；
期中考試:35% ;
期末考試:35% |
Grading |
Class Participation:20%;
mid-term exam:35%;
Final Exam:35%; |
| 教師網頁 |
|
| 教學內容 |
涵蓋財務管理之綜合性導論、投資計劃之財務評估、資本市場訊息效率、金融資產訂價、財務危機成本、最適資本結構及最適股利政策等研究課題。
Part One: Value
1. Finance and the Financial Manager
2. Present Values, the Objectives of the Firm, and Corporate Governance
3. How to Calculate Present Values
4. Valuing Bonds
5. The Value of Common Stocks
6. Why Net Present Value Leads to Better Investment Decisions than Other Criteria
7. Making Investment Decisions with the Net Present Value Rule
Part Two: Risk
8. Introduction to Risk, Return, and the Opportunity Cost of Capital
9. Risk and Return
10. Capital Budgeting and Risk
Part Three: Best Practices in Capital Budgeting
11. Project Analysis
12. Investment, Strategy, and Economic Rents
13. Agency Problems, Management Compensation, and the Measurement of Performance
Part Four: Financing Decisions and Market Efficiency
14. Efficient Markets and Behavioral Finance
15. An Overview of Corporate Financing
Part Five: Payout Policy and Capital Structure
17. Payout Policy
18. Does Debt Policy Matter?
19. How Much Should a Firm Borrow?
20. Financing and Valuation |
Syllabus |
Topics chosen include the following:(1)
Financial Management: an Overview（2）Capital Budgeting; （3）Capital Market Informational Efficiency; ;(4)Pricing of Financial Assets;（5）Financial Distress Costs;（6）Optimal Capital Structure; and,（7）Optimal Dividend Policy. |