Conteúdo / Main content
Menu Rodapé
  1. Início
  2. Cursos
  3. Matemática e Aplicações
  4. Finanças Empresariais

Finanças Empresariais

Código 14816
Ano 3
Semestre S2
Créditos ECTS 6
Carga Horária TP(60H)
Área Científica Gestão.
Mode of delivery Face-to-face.
Learning outcomes The objective of the Curricular Unit is to present the main concepts, instruments and tools of Corporate Finance. The aim is to provide tools that support financial decision-making within the business environment. Specifically, the aim is to:
- Prepare students to perform functions in the field of corporate financial management;
- Enable students to make decisions in terms of short-term financial management of the company;
- Enable students to make medium and long-term investment and financing decisions, particularly capital structure decisions;
- Characterize the main sources of equity and third-party capital financing and their cost;
- Understand the puzzle of dividend policy;
- The importance of value creation and Corporate Governance Models.
Syllabus 1 INTRODUCTION TO CORPORATE FINANCE
1.1. Corporate Finance, scope of the finance function, objective, activities, functions of the financial manager.
1.2. Corporate Governance

2. CAPITAL STRUCTURE DECISIONS
2.1. Capital structure theories.
2.2. Determination of the cost of debt and Weighted Average Cost of Capital.

3. DIVIDEND DECISIONS
3.1. Introduction to the puzzle of dividend distribution.
3.2. Free cash flows, agency problems and dividend policy.

4. MEDIUM AND LONG-TERM FINANCING DECISIONS
4.1. Medium and long-term financing sources – Equity and Debt.
4.2. Determination of the effective cost of selected financing sources

5. SHORT-TERM FINANCIAL MANAGEMENT
5.1. Working capital needs.
5.2. Current Assets management and credit policies.
5.3. Current Liabilities and Supplier Credit
5.4. Short-term financing sources
Teaching Methodologies and Assessment Criteria Theoretical and practical classes: a theoretical presentation that is complemented by practical cases.

Two written tests, each of them has the weight of 50% on the final classification.
Main Bibliography AUGUSTO, M. G. (2006). Política de Dividendos e Estrutura de Capital – Respostas e Dúvidas do Estado da Arte. Imprensa da Universidade de Coimbra.
BATISTA, A., A. (2004). Gestão de Crédito como Vantagem Competitiva, Vida Económica.
BRANDÃO, ELÍSIO (2014). Finanças, 8º Edição (Revista e atualizada com o SNC), Edição do autor.
BREALEY, R., MEYERS, S., ALLEN, F. (2007). Princípios de Finanças Empresariais, 8ª ed., McGraw Hill Portugal.
BREALEY, R., MEYERS, S., ALLEN, F. (2020), Principles of Corporate Finance, Editor McGraw Hill, 10th edition.
DAMODARAN, A. (2001), Corporate Finance - Theory and Practice, 2nd ed., John Willey & Sons, Inc.
MATIAS, F., BAPTISTA, C., SALSA, L., COELHO, L., SERRASQUEIRO, Z., (2023) Gestão Financeira: Da Teoria à Prática, Edições Silabo
MOTA, A., NUNES, J., FERREIRA, M. (2004). Finanças Empresariais: Teoria e Prática, Publisher Team.
SILVA, EDUARDO SÁ. (2013). Gestão Financeira: Análise de Fluxos Financeiros, 5ª Edição, Vida Económica Editores.
VIEITO, J., MAQ
Language Portuguese. Tutorial support is available in English.
Data da última atualização: 2025-06-12
As cookies utilizadas neste sítio web não recolhem informação pessoal que permitam a sua identificação. Ao continuar está a aceitar a política de cookies.