FIUBACOF Corporate Finance

School of Business Administration in Karvina
Winter 2024
Extent and Intensity
1/2/0. 6 credit(s). Type of Completion: zk (examination).
Teacher(s)
Ing. Tomáš Heryán, 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
Thu 15:35–16:20 A412
  • Timetable of Seminar Groups:
FIUBACOF/01: Thu 13:55–15:30 A412, T. Heryán
Prerequisites
FAKULTA(OPF) && TYP_STUDIA(B) && FORMA(P) && (ROCNIK(2) || ROCNIK(3))
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: 9/24, only registered: 0/24
fields of study / plans the course is directly associated with
Course objectives
The aim of the course is to introduce students to the basic principles of corporate finance, while also focusing on basic calculations in the time value of money, savings and inflation, and investment risk.
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 of time and its impact on money has a crucial role in the modern world. If we are talking about possibilities to compare two particular cash flows in future or how to select the right opportunity to save money against to inflation, the present as well as future values, 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 is necessary to finance its activities. Each type of financing, securities such as stocks, bonds, bank loans or a specific type such 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
  • LAOPODIS, N. T. 2013. Understanding Investments: Theories and Strategies. Abingdon: Routledge, Tylor & Francis. ISBN 978-0-415-89162-2.
    recommended literature
  • PURCELL, K. and B. VIVARI, 2023. Sustainable Investing: An ESG Starter Kit for Everyday Investors. Business Expert Press. 978-1637425107.
Teaching methods
lectures, seminars
Assessment methods
written exam, ongoing test
Language of instruction
English
Further Comments
Study Materials
The course is also listed under the following terms Winter 2021, Winter 2022, Summer 2023.
  • Enrolment Statistics (recent)
  • Permalink: https://is.slu.cz/course/opf/winter2024/FIUBACOF