NATIONAL TAIWAN UNIVERSITY

COLLEGE OF MANAGEMENT

COURSE: Financial Information and Corporate Valuation

PROFESSOR: MINGSHEN CHEN
(1106 2nd management Building, Tel: 33661088; email: chen0811@management.ntu.edu.tw)

Objectives: This class is intent to provide an overall knowledge of making decision employing financial statement information. Special interests will be placed on subjects such as utilizing financial statement in conducting industry analysis, understanding earnings management techniques, and conducting corporate valuation.

Textbook: Business Analysis and Valuation Using Financial Statements (Palepu, Healy, and Bernard, 2004; provided by Hwa-tai Books Corp.)

Class Notes: all power point files will be available before classes; students are responsible to download the notes before classes.

Evaluation: Mid-term Exam. 50%, Final report: 50%.

Introduction
Credit Analysis and Financial Distress Prediction
Financial statements and industry competition Mid-term Examination
Financial statements and industry competition Corporate Valuation
Profitability Analysis Corporate Valuation for New Firms
Earnings Management and Earnings Quality Acquisition Valuation
Earnings Management and Earnings Quality Real option I
Forecasting financial statements and financing needs Real option II
Credit Analysis and Financial Distress Prediction Final Report Due