(in Polish) Finanse korporacyjne 2400-M1ABFK
The course presents issues related to corporate financial management. It enables students to assess the financial condition of companies and identify ways in which they create value. Methods of selecting financial risk management techniques will be presented. The course will cover and explore issues such as:
• The theory of capital structure in a company
• Sources of financing for a company, including the financing of risky projects (e.g., research and development and innovation), including the use of grants and tax support
• Advanced assessment of financial statements, including, among others, company ratio analysis and assessment of the level of operating and financial leverage, taking into account industry differences
• Assessment of company investment and dividend decisions
• Company valuations, taking into account the reasons for performing them and presenting methods for valuing intangible assets
• Types of financial risk and ways of managing it using appropriate financial instruments and strategies
• Problems with making investment decisions in a company, particularly with regard to agency theory
Classes conducted as part of the “Integrated Program for the Development of Teaching ZIP 2.0” project, co-financed by the European Social Fund European Funds for Social Development 2021-2027 (FERS) (agreement no.: FERS.01.05 IP.08 0365/23 00).
Type of course
Course coordinators
Learning outcomes
Students who complete this course will have:
• in-depth knowledge of techniques and tools for collecting, processing, and analyzing corporate financial data;
• extended knowledge of methods and tools for financial analysis and financial risk analysis;
• the ability to use appropriately selected advanced tools for analyzing and interpreting corporate financial indicators;
• an awareness of the complexity of processes occurring in the modern economy and the ability to recognize and understand the impact of these processes on corporate finance.
Students who have completed the course will be able to:
• conduct an advanced diagnosis of a company's situation and its environment;
• apply the acquired knowledge in practical activities;
• think entrepreneurially and act ethically and professionally, making optimal use of the acquired knowledge.
Assessment criteria
The course can be passed after receiving a positive grade on the final exam – the passing threshold is 50%.
Active participation during classes may be additionally rewarded.
Bibliography
Basic literature:
1. Damodaran A., Finanse korporacyjne Teoria i praktyka, Helion, Gliwice, 2017.
2. Jajuga K. [red.], Zarządzanie ryzykiem, Wydawnictwo PWN, Warszawa 2007.
3. Panfil M., Wycena biznesu w praktyce, Poltext, Warszawa 2009.
4. Grzywacz J. [red], Struktura kapitału w przedsiębiorstwie w warunkach ekspansji, kryzysu i zjawisk upadłościowych, Oficyna Wydawnicza SGH, Warszawa, 2015.
5. Ostaszewski J., Cicirko T. [red], Podstawy finansowania spółki akcyjnej, Difin, Warszawa 2017.
Supporting literature:
6. Kossecki P. Wycena aktywów niematerialnych do celów prawnych, Wolters Kluwer, 2024.
7. Butler, K. C., Multinational Finance - Evaluating the Opportunities, Costs, and Risks of Multinational Operations, 6th Edition, Hoboken, John Wiley & Sons, New Jersey 2016.
8. Ross S., Westerfield R., Jaffe J., Corporate Finance, 10th edition, Mcgraw-Hill/Irwin Series in Finance, 2013.
9. Oplustil K., Instrumenty nadzoru korporacyjnego (corporate governance) w spółce akcyjnej, C.H. Beck, Warszawa, 2010 (wybrane rozdziały).
Additional materials (including scientific, business/ industry/technical articles and chapters from selected books) that will be referred to during the course.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: