課程名稱 |
國際購併與合資策略 Intermational M & a and Joint Vaenture Strategy |
開課學期 |
104-2 |
授課對象 |
管理學院 國際企業學研究所 |
授課教師 |
吳青松 |
課號 |
IB5029 |
課程識別碼 |
724 U1660 |
班次 |
|
學分 |
3 |
全/半年 |
半年 |
必/選修 |
選修 |
上課時間 |
星期五2,3,4(9:10~12:10) |
上課地點 |
管一203 |
備註 |
限學士班四年級以上 總人數上限:30人 外系人數限制:10人 |
Ceiba 課程網頁 |
http://ceiba.ntu.edu.tw/1042IB5029_ |
課程簡介影片 |
|
核心能力關聯 |
核心能力與課程規劃關聯圖 |
課程大綱
|
為確保您我的權利,請尊重智慧財產權及不得非法影印
|
課程概述 |
Mergers and Acquisitions (M&As), Joint ventures (JVs) and strategic alliance activity are running at a feverish pace across national boundaries. As industries continue to consolidate and globalize, mergers and acquisitions, alliance and joint ventures will remain at a high level, if not accelerate. This course combines strategic, financial, and governance perspectives in order to more fully understand the process and objectives of M&AS, JVs, strategic alliances.
Strategy and Finance theory is centrally important to understanding business objectives, tax considerations, securities laws, and governance implications in change of control transactions. A sound understanding of the transactional process in M&A, alliances and joint ventures requires a fundamental ability to apply the concepts of finance and management theory to important topics such as motives, financing, managerial entrenchments and cross-border negotiation issues, and antitrust questions.
|
課程目標 |
The major goals of the course are:
• to foster strategic thinking and perspective. For most issues there are no right "answers”, only reasoned judgment
• to analyze the human motivations and economic/political forces which cause business cooperation at particular times
|
課程要求 |
Through a series of discussions and real-life case studies, the managerial, economic, and financial bases for M&As, JVs, and Strategic alliances will be examined in the course. Student will understand the reasons why those deals/strategies succeed and fail. |
預期每週課後學習時數 |
|
Office Hours |
另約時間 |
指定閱讀 |
Besides the textbook chapters being assigned, we will also concentrate on reading handouts and cases distributed. The grade will be strongly influenced by class participation. |
參考書目 |
1. 企業併購與重組,Weston/Siu/Johnson 原著 (3E, 2001),吳青松譯,雙葉書
廊, 2004出版。
2. J. F. Weston, Juan A. Siu, and Brian Johnson (WSJ), Takeovers,
Restructuring, and Corporate Governance, 4th Edition, Prentice Hall, 2003.
3. Krishna G. Palepu, Paul M. Healy, and Victor L Bernard, Business
Analysis and Valuation: Using Financial Statements, Text and Cases, 5th
edition, South-Western College, 2012
4. 合併與收購,哈佛商業評論,克雷等著,李田樹譯,天下文化,2002.
|
評量方式 (僅供參考) |
No. |
項目 |
百分比 |
說明 |
1. |
Team Project |
40% |
|
2. |
Class Participation |
20% |
|
3. |
Case Discussion |
40% |
|
|
週次 |
日期 |
單元主題 |
第1週 |
2016/02/26 |
A. Course orientation
B. Theoretical Foundations of Corporate Growth
C. Boundary Spanning through Build, Borrow or Buy
|
第2週 |
2016/03/04 |
Foundations of Entry Strategy |
第3週 |
2016/03/11 |
Conceptural Frameworks of Entry Strategy |
第4週 |
2016/03/18 |
Deal Structures: Forms of Consideration |
第5週 |
2016/03/25 |
A. Acquisition Process
B. Characteristics of Successful M&As |
第6週 |
2016/04/01 |
Methods of valuation I |
第7週 |
2016/04/08 |
Methods of valuation II |
第8週 |
2016/04/15 |
Corporate Restructuring |
第9週 |
2016/04/22 |
Mid-term Exam(team report exchange ratio) |
第10週 |
2016/04/29 |
International M&As (1) |
第11週 |
2016/05/06 |
International M&A (II) |
第12週 |
2016/05/13 |
Post-merger Integration I |
第13週 |
2016/05/20 |
Post-merger Integration I |
第14週 |
2016/05/27 |
Joint Ventures |
第15週 |
2016/06/03 |
Strategic Alliances |
第16週 |
2016/06/04 |
Holiday |
第17週 |
2016/06/10 |
Term Project Presentation |
第18週 |
2016/06/17 |
Term Project Presentation |
|