财务管理第七周：股息政策与优资本结构.pptx

MSING046

ManagingFinance

Week7:Sessions19-21

Hello!

Whatwehavecoveredsofar..ThefinancefunctionFinancing(internalexternal)Thestockmarketandthedifferenttypesofissues(IPOscoming!)CAPEXFCFanalysis(thisislinkedwithCAPEXandwithcompanyvaluation)Thecostoffunding(WACC):VIDEOTodaywearegoingtostarttalkingaboutshareholdersandthedividendpolicy!

TheOCSTheOCSisthecapitalstructure(percentageofDebtandEquity)thatmaximizesthecompanyvalueandminimizesthecostoffunding.Whatmeansthis?

Agendaandes:

BytheendofthisLectureyouwillund