You need to activate javascript for this site.
Menu Conteúdo Rodapé
  1. Home
  2. Courses
  3. Mathematics and Applications
  4. Corporate Finance

Corporate Finance

Code 15638
Year 1
Semester S2
ECTS Credits 6
Workload TP(45H)
Scientific area Management
Entry requirements Does not have.
Learning outcomes - Understand the main concepts, instruments, and tools of Corporate Finance.
- Analyze information about companies' financial decisions.
- Make the investment and financing decisions.
- Understand the interdependence between financing and investment decisions.
- Characterize the main sources of equity and debt financing.
- Understand the impact of a dividend distribution policy for the capital market.
- Understand the relationships between dividend distribution, financing, and investment decisions.
- Understand the trade-off between performance and risk.
Syllabus 1. INTRODUCTION TO THE STUDY OF FINANCIAL MANAGEMENT
1.1 Purpose of Financial Management and Introductory Concepts of Financial Management
1.2 Making Financial Decisions and Value Creation in the Company

2. CAPITAL STRUCTURE DECISIONS
2.1 The Importance of Capital Structure Decisions
2.2 Modigliani and Miller's theorem (MM): irrelevance of capital structure
2.3 Static trade-off theory
2.4 Theory of the agency, Theory of signaling, Theory of hierarchical preferences
2.5 Empirical Evidence on Capital Structure decisions

3. AS FINANCING DECISIONS AND COMPANY VALUE CREATION

4 DIVIDEND DISTRIBUTION DECISIONS
4.1 Introduction to the problem of dividend distribution
4.2 Free cash flows, agency problems and dividend policy
4.3 Empirical Evidence on a Dividend Policy

5. SHORT-TERM FINANCIAL DECISIONS
5.1 Fundamental Concepts
5.2 Treasury Management and Credit Policy
5.3 Short Term Financing
Main Bibliography BERK, J. and DEMARZO, P. (2020). Corporate Finance, Pearson Education, 5th Edition.
BESLEY, S. and. BRIGHAM, E. F. (2014). Essentials of Managerial Finance, The Dryden Press, 6 th Edition.
BODIE, Z. and MERTON, R. (2000). Finance. Prentice-Hall.
Brealey, R., S. Myers and F. Allen (2013), Princípios de Finanças Empresariais, McGraw-Hill, 10ª Edição.
CONSTANTINIDES, G., HARRIS, M. .and STULZ, R. (2003). Corporate Finance, Elsevier, North Holland.
DAMODARAN, A. (2007). Corporate Finance - Theory and Practice, John Wikey and Sons Inc, 2nd Edition.
ESPERANÇA, J.P. e MATIAS, F. (2010). Finanças Empresariais, 3ª. Edição, Dom Quixote – Gestão & Inovação.
Hillier, D., Grinblatt, M. and Titman, S. (2011). Financial Markets and Corporate Strategy, 2.ª Edição, Irving-McGraw-HILL.
TIROLE, J. (2006) The Theory of Corporate Finance, Princeton University Press, New Jersey
Teaching Methodologies and Assessment Criteria The teaching methodologies are based on the detailed explanation, in the sessions, in the contents of the curriculum taught in the curricular unit, as well as in the support of the sessions in the resolution of exercises, in the modeling of theoretical concepts and in the interpretation of empirical studies, critical thinking in order to achieve the objectives of the curricular unit.

Assesment:
- preparation, presentation and discussion of a written work on a topic of Corporate Finance - 45%;
- Frequency - 50%;
- Attendance - 2.5%;
- Participation - 2.5%.
Language Portuguese. Tutorial support is available in English.
Last updated on: 2024-03-07

The cookies used in this website do not collect personal information that helps to identify you. By continuing you agree to the cookie policy.