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課程名稱 |
企業合併與收購
Merger and Acquisition |
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開課學期 |
109-2 |
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授課對象 |
管理學院 財務金融學研究所 |
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授課教師 |
邱顯比 |
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課號 |
Fin5012 |
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課程識別碼 |
723 U3100 |
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班次 |
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學分 |
3.0 |
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全/半年 |
半年 |
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必/選修 |
選修 |
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上課時間 |
星期三A,B,C(18:25~21:05) |
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上課地點 |
管一103 |
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備註 |
本課程中文授課,使用英文教科書。財金組9選3。
限學士班四年級以上
總人數上限：67人
外系人數限制：30人 |
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Ceiba 課程網頁 |
http://ceiba.ntu.edu.tw/1092Fin5012_ |
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課程簡介影片 |
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核心能力關聯 |
核心能力與課程規劃關聯圖 |
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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 |
Mergers and Acquisitions
National Taiwan University
Spring 2021
Professor: Shean-Bii Chiu
Office: Room 1007, Building Two, College of Management
Class Time: Wednesday 6:45pm – 9:15pm
Classroom:
Office Hours: by appointment (send email)
Email: chiushnb@ntu.edu.tw
Course Website: https://ceiba.ntu.edu.tw/1051Fin5012_MA
Phone: 02-3366-1079 |
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課程目標 |
Class preparation and participation are major components of this course. Students are expected to read the assigned material and come prepared to discuss them. Students will be randomly chosen to lead discussion in the assigned topics and should expect to be cold-called. |
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課程要求 |
Class Participation
Class participation is a major component of this course.
Student Groups
Homework as well as the term project will be performed on the group base. Each group consists of 6 students, which are assigned by the instructor to maximize the diversity of group members. |
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預期每週課後學習時數 |
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Office Hours |
另約時間 |
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指定閱讀 |
待補 |
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參考書目 |
References
1. Weston, Mitchell, Mulherin, (WMM) Takeovers, Restructuring, and Corporate
Governance, 5th Edition, Prentice Hall 2004
2. Robert F. Bruner (BRU), Applied Mergers & Acquisitions, John Wiley &
Sons, Inc., 2004
3. Koller, Goedhart, and Wessels (KGW), Valuation：Measuring and Managing
the Value of Companies, 5th edition, McKinsey & Company, Inc., 2010 |
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評量方式
(僅供參考) |
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No. |
項目 |
百分比 |
說明 |
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1. |
Participation |
25% |
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2. |
Homework |
25% |
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3. |
Project Presentation |
25% |
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4. |
Project-Written Report |
25% |
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週次 |
日期 |
單元主題 |
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第1週 |
2/24 |
Session 1: Introduction |
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第2週 |
3/03 |
Session 4: Valuation (I)
Guest Speaker：Kyle A. Black
Senior Finance Director, GSK Taiwan |
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第3週 |
3/10 |
Session 5: Valuation (II)
Guest Speaker：Kyle A. Black
Senior Finance Director, GSK Taiwan
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第4週 |
3/17 |
Session 2: Rationales for Mergers & Acquisitions (I) |
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第5週 |
3/24 |
Session 2: Rationales for Mergers & Acquisitions (II) |
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第6週 |
3/31 |
Session 3: Identifying Candidates, Due Diligence, and Negotiation |
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第7週 |
4/07 |
Session 6: Deal Structuring |
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第8週 |
4/14 |
Session 7: Leveraged Transactions & Corporate Restructuring |
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第9週 |
4/21 |
Session 8: Takeover Defense
＊DD Homework Due |
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第10週 |
4/28 |
Session 9: Regulations and Risk Management in M&A |
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第11週 |
5/05 |
Session 10: Corporate Governance and Performance |
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第12週 |
5/12 |
Session 11: M&A Integration(I) |
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第13週 |
5/19 |
Session 11: M&A Integration(II) |
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第14週 |
5/26 |
guest speaker: |
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第15週 |
6/02 |
Presentation & Discussion
Case 1(G7)：環球晶收購德商世創 (Siltronic)
Case 2(G6)：TDOC收購LVGO
Case 3(G4)：佳世達公開收購明泰與經營權爭奪
Case 4(G5)：台紙MBO下市 |
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第16週 |
6/09 |
Presentation & Discussion
Case 5(G10)：立訊收購緯創、光寶大陸廠
Case 6(G11)：中國國企併購重組案例
Case 7(G2)：Caesars Entertainment 和Eldorado Resorts合併
Case 8(G1)：NVIDIA併購ARM |
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第17週 |
6/12 |
Presentation & Discussion
Case 9(G9)：Morgan Stanley併購E-trade
Case 10(G8)：Uber併購Postmates
Case 11(G3)：Pfizer的併購、重組及策略合作 |
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