公司财务管理第一章.pptVIP

1-* Example: Work the Web The Internet provides a wealth of information about individual companies “” is an excellent site Example: Southwest Airlines (LUV) Harley- Davidson (HOG) Starwood Hotels Resorts (HOT) American Express (AXP) 1.6 FINANCIAL MARKETS AND THE CORPARATION 1-* 1-* Cash Flows Between the Firm and the Financial MarketsFigure 1.2 1-* Financial Markets Cash flows to the firm Primary vs. secondary markets Dealer vs. auction markets Listed vs. over-the-counter securities NYSE NASDAQ 1-* Quick Quiz What are the four basic areas of finance? (Slide 1.4) What are the three types of financial management decisions, and what questions are they designed to answer? (Slide 1.13) What are the three major forms of business organization? (Slide 1.14) What is the goal of financial management? (Slide 1.19) What are agency problems, and why do they exist within a corporation? (Slide 1.22) Question 1.give an example of a situation where the management of a firm is acting in a manner that is contrary to the principal goal of financial management. 2.Explain what capital structure management is and give three examples of capital structure decisions. Which type of financial market, dealer or auction, is best suited to expanding internationally and why? Chapter 1 END * * * * * * * * * * * * * * * * * * * * * * * * * CORPORATE FINANCE 谢群（Mars) International Business Faculty Email: 813448342@ Phone:188 1865 1852 Contents There are eight parts, sixteen chapters. In the part one, we considers the goal of the corporation, the corporate form of organization,and the role of the financial manager. In the part two, we briefly reviews key accouting concepts and succinctly discusses cash flow versus accounting income, market value versus book value, and taxes. In the part three, we study the value of future cash flows and use the financial calculators and spreadsheets. In the part four, we study the two kind of securities: stocks and bonds. We should how to value them ? In the