PPT-Corporate Finance for Long-Term Value Chapter 6:

Corporate Finance for LongTerm Value Chapter 6 Investment decision rules Chapter 6 Investment decision rules Part 2 Discount rates and valuation methods The BIG Picture 3 How to select investment projects Traditional solution Calculate. value value value value value value Year Year Year Year Year Year Deflated final value 100 100 100 value Year 3 Year Year Year value STD Annual real growth rate 100 100 value value Year Year Year Average annual percentage growth rate 100 value Wei Jiang, Columbia Business School. (Based on research papers coauthored with . Lucian A. Bebchuk, . Alon. . Brav. , Hyunseob Kim, Frank . Partnoy. , and Randall Thomas). Prepared for “The . Realities of Stewardship for Institutional Owners, Activist Investors and Proxy . M. odelling. AFIN . 209. Miss . F. aith . M. oono. . Simwami. mo.simwami@gmail.com. 2/9/2015. 2. O. bjectives. U. nderstanding . of the nature and role of financial management.. U. nderstanding . of the general financial environment and the operation of financial . 1. Comparative Corporate Governance and Financial Goals. Multinational Enterprise (MNE). Multinational Business Finance. Goal of Management. Shareholder Wealth Maximization. Stakeholder Capitalism Model. Investments . and financial markets. Financial management of . corporations. Fields . are separate but . related. 2. Financial Assets. Real . asset. —Objects . that . provide services: houses, cars, food, etc.. Investments . and financial markets. Financial management of . corporations. Fields . are separate but . related. 2. Financial Assets. Real . asset. —Objects . that . provide services: houses, cars, food, etc.. Nick Murray and Dr. Jan Wotton. May 2010. Gustavus Neuroscience. Long Term Potentiation/Depression. Gustavus Neuroscience. Long Term Potentiation/Depression. Gustavus Neuroscience. Gustavus Neuroscience. Chapter 16: Issues and payouts – changes in capital structure. Chapter 16: Issues and payouts – changes in capital structure. Part 5: Corporate financial policies. The BIG Picture. 3. Issues raise cash from providers of capital and . FINANCIAL MANAGEMENT. TOPIC- SOURCES OF FINANCE. UNIT-II. SOURCES OF FINANCE. : . Every . enterprise, whether big, medium or small, needs finance to carry on its operations and to achieve its targets. In fact finance is so indispensible today that... 1. What Advance Corporate Finance is?. Corporate finance is the area of finance dealing with . the:. S. ources . of . funding. Capital . structure of corporations. , the actions that managers take to increase the . - Finance track. - Accounting track. - Governance and commercial law track. Integrated masters Finance studies. Integrated masters Accounting studies. Karl (. Kalle. ) Felixson, 27.8.2020. Karl.Felixson@Hanken.fi. Corporate Finance for Long-Term Value Chapter 9: Valuing public equity Chapter 9: Valuing public equity Part 3: Valuation of companies The BIG Picture 3 Company valuation is at the core of corporate finance Listed companies are traded (and Corporate Finance for Long-Term Value Chapter 2: Integrated Value Creation Chapter 2: Integrated Value Creation Part 1: Why corporate finance for long-term value? The BIG Picture 3 Many companies are currently value destructive on SV and EV Corporate Finance for Long-Term Value Chapter 7: Capital budgeting Chapter 7: Capital budgeting Part 2: Discount rates and valuation methods The BIG Picture 3 How to select investment projects in practice -> capital budgeting Capital