Learning Results
This unit gives students the capacity to understand theories and apply techniques that have been developed in
corporate finance to real-world situations. This program will provide graduates with a thorough knowledge of
the financing decision, investing decision and managerial decision (the key decision in corporate financial
management).
Program
Introduction
Corporate Finance and financial manager´s role
Profitability and Cash / Liquidity issues
The fundamental documents: Balance sheet and income statement
Return on investment (Return on assets ; Return on equity; Return on capital)
Working Capital management
Essential ratios
Financial Equilibrium
Capital Structure
CAPM, levered and unlevered beta
Different types of financing
Benefits and cost of debt
Opportunity cost of capital
The Modigliani and Miller irrelevance theorem
Inter-action between investment and financial decisions
Agency and bankruptcy costs
Projected financial documents
Analysis of Risk
Economic risk vs financial risk
Scoring and rating
Credit scoring-insolvency risk models
Business strategy, restructuring and value
Corporate Governance and Corporate Control
Internship(s)
NAO
Bibliography
1. Brealey, R., S. Myers F. Allen (2007): Principles of Corporate Finance. McGraw-Hill Inc., 7ª edição
2. Damodaran, Aswath (1997): Corporate finance – theory and practice, John Wiley & Sons, Inc.
3. Esperança, José Paulo; Matias, Fernanda, 2005, Finanças Empresariais, Publicações Dom Quixote.
4. Esperança, J. Paulo, Carlos D. (2012), Empreendedorismo e Planeamento Financeiro-Transformar
oportunidades em negócios. Criar micro, pequenas e médias empresas, 1ª edição, edições sílabo.
5. Ferreira, M.; A. Mota; J. P. Nunes e Barroso S. Clementina, 2010, Finanças da Empresa – Teoria e Prática, 4ª
edição, Edições Silabo.
6. Neves, João Carvalho, Análise e Relato Financeiro-uma visão integrada de gestão, 2012, 5ª Edição, Texto
Editores.
7. Ross, S.; R. Westerfield e J. Jaffe, 2005, Corporate Finance, McGraw Hill, 7ª edição.
8. Silva, E, Queirós, M. (2011), Gestão Financeira: Análise de Investimentos, Porto, Vida Económica, 2ª edição.