This website uses cookies to ensure you have the best experience. Learn more

Corporate Finance Review Outline

923 words - 4 pages

Session 1 - Chapter 13
* What is the definition of capital market efficiency?
An efficient capital market (EMH) is one in which stock prices fully reflect available information (i.e. stock market prices are good estimates of underlying intrinsic value).

* What conditions generally lead to market efficiency?
* Rationality
* Independent Deviations
* Arbitrage
* What are the three forms of market efficiency?
* Weak form
* Security prices reflect all information found in past prices and volume.
* Implication?
* Semi-strong form
* Security prices reflect all publicly available ...view middle of the document...

* Small Cap Value stocks have outperformed the market.
* Some momentum strategies seem to “beat the market.”

Session 2 – Chapter 18 Short-Term Financing

* What are the components of the cash cycle and what are some characteristics of a firm with a long cash cycle?

* The operating cycle is the time period from inventory purchase until the receipt of cash (the operating cycle may not include the time from placement of the order until arrival of the stock).
* The cash cycle is the time period from when cash is paid out to when cash is received.
* Net Income is the bottom line
* Short-term financing policies
* Flexible (i.e., conservative) policy: high levels of current assets relative to sales and relatively more long-term financing.
* Restrictive (i.e., aggressive) policy: low levels of current assets relative to sales and relatively more short-term financing
* What should be considered in setting a firm’s short-term financial policy?
* Cash reserves
* Maturity hedging
* Relative interest rates
* What are the options for short-term financing? What are the pros and cons of the various short-term financing policies?
* 1. Unsecured Loans
* 2. Secured Loans
* 3. Commercial Paper

Session 3 – Chapter 19 Raising Capital from the Public
* What are the basic methods of raising capital?
* What are the basic procedures in a new public security issue?
* What is a general cash offer (IPO and seasoned new issues)? Why go public? What are the basic procedures in an IPO?
* Negotiated offer and Dutch Auction
* What are the costs of issuing securities?
* What is a rights offer, a shelf registration, and a private placement?

Session 4 – Chapters 5.2, 5.4-5.5 and 6.5-6.6 Long-Term Financing
* What are the basic characteristics of common and preferred stock?
* What is the difference between cumulative voting and straight voting?
* What are the rights of shareholders?
* What are characteristics of corporate long-term debt?
* What is an indenture, call provision, sinking fund?
...

Other Papers Like Corporate Finance Review Outline

Fitt Case Study

887 words - 4 pages trade finance TF Ch 1-13 Exercise 1 Review the four pillars of trade finance and explore the likely priority of each in the following trade scenarios: 1. an export transaction between Canada and the United States, 2. an import of highly price-volatile commodities from Eastern Europe to Germany, 3. a component import transaction between affiliate companies operating in South America and Asia. TF Ch 1-14

Cost, Budgets and Strategic Decision Making in Management Accounting

1093 words - 5 pages Officers. Strategic Finance, vol.1, p. 45–64. Hansen, S. (2011). A Theoretical Analysis of the Impact of Adopting Rolling Budgets, Activity-Based Budgeting, and Beyond Budgeting. European Accounting Review, Vol. 20, No. 2, p. 289-319. Libby, T., & Murray, L. (2010). Beyond budgeting or budgeting reconsidered? A survey of North-American budgeting practice. Management Accounting Research, Vol. 21, No.1, pp. 56-75. Mallette, F. (2006) A Framework

Cost, Budgets And Strategic Decision Making In Management Accounting

1076 words - 5 pages Officers. Strategic Finance, vol.1, p. 45–64. Hansen, S. (2011). A Theoretical Analysis of the Impact of Adopting Rolling Budgets, Activity-Based Budgeting, and Beyond Budgeting. European Accounting Review, Vol. 20, No. 2, p. 289-319. Libby, T., & Murray, L. (2010). Beyond budgeting or budgeting reconsidered? A survey of North-American budgeting practice. Management Accounting Research, Vol. 21, No.1, pp. 56-75. Mallette, F. (2006) A Framework

Syllabus 405

2234 words - 9 pages Me First. Due Self Study Points N/A Reading Self Study Self Study Self Study N/A Reading Read Ch. 1 of Health Care Finance. N/A Reading Read Ch. 2 of Health Care Finance. N/A Course Design Guide HCS/405 Version 5 2 Reading Review the Healthcare Financial Management Association website (www.hfma.org). You may find this website helpful as a general resource for this course. Read this week’s Electronic

Critical Review on ‘Revisiting the Capital Structure Puzzle: Uk Evidence’

1814 words - 8 pages : UK evidence. The Journal of Risk Finance, 12 (4), 329- 338. This essay will summarise and critically review the report of Al-Najjar and Hussainey (2011) in which the effects of potential drivers of corporate capital structure are differing for three different definitions of capital structure. The article of Al-Najjar and Hussainey is a meaning but problematic piece of research. This essay aims to critically analyse the strengths and weaknesses of

Management Planning at Tyco

1137 words - 5 pages successfully execute its strategy: restructuring the organization, establishing an effective corporate governance body, and establishing an extensive auditing process, to avoid bankruptcy and become a respectable, profitable company. References: Deutsch, C. 2006. Tyco Will Pay $50 Million To Settle Case With S.E.C. New York Times: pg.C.3 Kemmerer, C. H., & Shawver, T. J. Tyco: A Top-down Approach to Ethical Failure. Journal of Accounting, Ethics & Public Policy, 6(2), 155-163. Pillmore, E. M. (2003, December). How We’re Fixing up Tyco. Harvard Business Review, 1-10. Verschoor, C. 2006. Tyco: An Ethical Metamorphosis, Strategic Finance. April 2006: 15-16.

To Be or Not to Be

3774 words - 16 pages (HR, Finance, Credit & Market Risk, Audit) Corporate & Treasury Division Vacancy Locations: Ireland & UK   Minimum Requirements: Relevant Primary Degree at 2:1 Level or Masters Degree (Expected or Achieved) Desirable Degree Specialism: Finance, Mathematics, Engineering, Actuarial, Quantitative Studies, Arts (e.g. Business, Economics or Finance), Science, Computer Science Essential

Push or Pull as a Business Model:

837 words - 4 pages corporate finance, conveying an understanding of the challenges presented in managing a multinational enterprise Content outline - International finance in the context of international business - Corporations in relation to the international monetary system - International financial markets and the world banking system - Markets for currency and the problems with forecasting - Exchange rates - Identifying corporate foreign exchange risks

Huffman Trucking

1815 words - 8 pages within acceptable quality levels? * Are scope change requests being managed successfully? * Are project issues and risks being addressed successfully and mitigated? * Are all customer concerns being addressed successfully?] | | Objectives for Next Project Status Review [Replace this text with a brief outline of project expectations for key project stakeholders to consider for the next review.] | | Related Project Information [Replace

501b Manage Risk

5209 words - 21 pages Management (FARM) Committee here at head office concerning the marketing, finance and store management functions that you are investigating. I will set up a regular meeting for you.Head office has a report on a similar expansion conducted by the NSW team that may help you in your research. You may need to review other statistical information and engage specialists to help you with your investigation. The legal firm Goldsmith Partners are advising

Corporate Strategy, Outsourcing And Core Business Focusing

845 words - 4 pages they are the source of revenue for the company and better strategies taken towards their success. Corporate Strategy, Outsourcing and Core Business Focusing Corporate strategy Corporate strategy shows the patterns of an organization which portray the missions, goals, policies, and guiding principles which outline how to achieve various plans and the type of business category to pursue. The strategy also gives the plan on the type of economic

Related Essays

Course Outline

1875 words - 8 pages Course outline for BUSN85 STRATEGIC CORPORATE FINANCE, Fall 2014, 7.5 credits Introduction The main objective of the course is to further your understanding of the theory and econometrics of corporate finance beyond what is covered in previous courses in corporate finance (esp BUSN92 Empirical Corporate Finance). It is not necessary to have completed BUSN92 Empirical Corporate Finance (corporate finance students), nor BUSN80 Financial

Legt2741 Assignment

1734 words - 7 pages if he is able to prove that there is an agency relationship between the two entities will not being enough. Bibliography ACN 007 528 207 Pty Ltd (In Liq) v Bird Cameron [2005] SASC 204 BHP Billiton Finance Ltd v Commissioner of Taxation (2009) 72 ATR 746 (Gordon J) Hargovan, A. (with Harris, J.) (2010) 32 ‘Corporate Groups: The Intersection between Corporate and Tax Law’ Sydney University Law Review 723 Harris, J “Lifting the Corporate

H & M In Fast Fashion: Continued Success

974 words - 4 pages Q9: “No matter how many reforms are passed there will always be someone who cheat and steals on a grand scale in the misguided belief that risks are outweighed by the potential gains” Reference: Corporate governance –The new focus of interest.[ Editorial].( 1993, January). Oxford: Blackwell, pp. 1-3. Jordan, C. (2012). Cadbury Twenty Years On. Villanova Law Review Stiles, P. and Taylor, B. (1993) ‘Maxwell-The failure of corporate

How To Manage For Dummies Essay

2387 words - 10 pages organization with 100 employees? © Snowballing Ideas Pty Ltd Corporate Finance 6 6. Literature review* (compulsory) Conduct a literature review on one of the two topics listed below based on your group number. A literature review involves identifying up to 5 academic journal articles on the topic and providing a brief summary of the findings of that journal article using your own words (not simply copying and pasting from the abstract please