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課程名稱 |
財務管理
Financial Management |
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開課學期 |
101-1 |
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授課對象 |
商學研究所 |
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授課教師 |
王衍智 |
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課號 |
Fin7023 |
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課程識別碼 |
723EM3300 |
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班次 |
01 |
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學分 |
3 |
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全/半年 |
半年 |
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必/選修 |
必修 |
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上課時間 |
星期四2,3,4(9:10~12:10) |
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上課地點 |
管二102 |
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備註 |
本課程以英語授課。大學未修過財務管理者。
總人數上限：90人
外系人數限制：10人 |
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Ceiba 課程網頁 |
http://ceiba.ntu.edu.tw/1011FM_MBA |
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課程簡介影片 |
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核心能力關聯 |
本課程尚未建立核心能力關連 |
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課程大綱
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為確保您我的權利,請尊重智慧財產權及不得非法影印
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課程概述 |
This MBA course is aimed to provide essential financial management, corporate finance and investment knowledge. Students may learn capital budgeting, valuation, risk, return, CAPM, efficient market hypothesis and corporate decisions on leverage and payout. |
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課程目標 |
Students are expected to have basic and advanced financial management knowledge. |
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課程要求 |
Mid-term 30%
Final 30%
Term paper 20%
Participation 10%
Homework 10%
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預期每週課後學習時數 |
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Office Hours |
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指定閱讀 |
Recommended Text
“Corporate Finance”, Ross/Westerfiled/Jaffe, 2010
Assigned journal articles (see list below)
Reading Assignments
Earnings Quality
1. Sloan, R., 1996. Do stock prices fully reflect information in accruals and cash flows about future earnings? Accounting Review 71, 289-315.
2. Chan, K., Chan, L., Jegadeesh, N., Lakonishok, J., 2006. Earnings quality and stock returns. Journal of Business 79, 1041-1082.
3. Teoh, S.H., Welch, I., Wong, T.J., 1998. Earnings management and the long-run market performance of initial public offerings. Journal of Finance 53, 1935-1974.
Stock Valuation
4. Dong, M., Hirshleifer, D., Richardson, S., Toeh, S.H., 2006. Does investor misvaluation drive the takeover market? Journal of Finance 61, 725-762.
5. Frankel, R., Lee, C., 1998. Accounting valuation, market expectation, and cross-sectional stock returns. Journal of Accounting and Economics 25, 283-319.
6. Pastor, L., Veronesi, P., 2003. Stock valuation and learning about profitability. Journal of Finance 58, 1749-1789.
Tests on EMH
7. Fama, E., MacBeth, J., 1973. Risk, return, and equilibrium: Empirical tests. Journal of Political Economy 81, 607-636.
8. Fama, E., French, K., 1992. The cross-section of expected returns. Journal of Finance 47, 427-466.
9. Fama, E., 1998. Market efficiency, long-term returns, and behavioral finance. Journal of Financial Economics 49, 283-306.
10. Fama, E., French, K., 2008. Dissecting anomalies. Journal of Finance 63, 1653-1678.
Payout Policy
11. Grullon, G. Michaely, R. Benartzi, S., Thaler, R., 2005. Dividend changes do not signal changes in future profitability. Journal of Business 78, 1659-1682.
12. Ikenberry, D., Lakonishok, J., Vermaelen, T., 1995. Market underreaction to open market share repurchases. Journal of Financial Economics 39, 181-208.
13. Skinner, D., 2008. The evolving relation between earnings, dividends, and stock repurchases. Journal of Financial Economics 87, 582-609.
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參考書目 |
財務管理，洪茂蔚.蘇永成.陳明賢.胡星陽 合著 (ISBN：9578555318, 雙葉書廊出版)
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評量方式
(僅供參考) |
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