 Finance and the Financial Manager Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 1 © The McGraw-Hill.

Slides:

Advertisements

Similar presentations

McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

Advertisements

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 1 Topics Covered  What Is A Corporation?  The Role of The Financial Manager  Who Is The.

Chapter 1 - An Introduction to Financial Management Chapter 1 - An Introduction to Financial Management  2005, Pearson Prentice Hall.

Ch. 1 - An Introduction to Financial Management  2002, Prentice Hall, Inc.

 Financial Analysis and Planning Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 28 © The McGraw-Hill Companies,

An Overview of Corporate Financing Principles of Corporate Finance Seventh Edition Richard A. Brealey Stewart C. Myers Slides by Matthew Will Chapter 14.

 Financial Analysis and Planning Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 28 © The McGraw-Hill Companies,

Introduction to Corporate Finance

Key Concepts and Skills

Finance and the Financial Manager Chapter 1. Topics Covered  What Is A Corporation?  The Role of The Financial Manager  Who Is The Financial Manager?

Chapter 1: Outline Corporate Finance and the Financial Manager

Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 9-1 Chapter (1) An Overview Of Financial Management.

The McGraw-Hill Companies, Inc., 2000

Introduction to Financial Management

The McGraw-Hill Companies, Inc., 2000

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 1 B Class #1  BM6 chapters 1, 2, 3  Based on slides created by Matthew Will  Modified.

Lecturer: Dr. Zvi Wiener  Finance and the Financial Manager Principles.

Business Organization and Financial markets Some basic concepts Financial management: Lecture 2.

McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. 1 Introduction To Corporate Finance.

© 2005 McGraw-Hill Ryerson Limited © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

Chapter 1. Goal of the Firm 1) Profit Maximization? this goal ignores: a) TIMING of Returns (Time Value of Money - Ch.5) b) UNCERTAINTY of Returns (Risk.

Key Concepts and Skills

Introduction to Financial Management

CHAPTER ONE Introduction To Corporate Finance. Key Concepts and Skills Know the basic types of financial management decisions and the role of the financial.

McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 1.0 Introduction to Financial Management Chapter 1.

1- 1 McGraw Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved Fundamentals of Corporate Finance Sixth Edition Richard.

 Spotting and Valuing Options Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 20 © The McGraw-Hill Companies,

Goals and Governance of the Firm

© 2005 McGraw-Hill Ryerson Limited © 2003 The McGraw-Hill Companies, Inc. All rights reserved.

The McGraw-Hill Companies, Inc., 2000

The McGraw-Hill Companies, Inc., 2000

Chapter 1 Introduction to Financial Management. Key Concepts and Skills Know the basic types of financial management decisions and the role of the financial.

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 0 Chapter 1 Introduction to Financial Management.

McGraw-Hill/Irwin Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. 1 Introduction To Corporate Finance.

 Conclusion: What We Do and Do Not Know about Finance Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 35.

FUNDAMENTALS OF CORPORATE FINANCE MGF301 Fall 1998 Vigdis Boasson SUNY at Buffalo

 Interactions of Investment and Financing Decisions Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 19.

McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 1.0 Introduction to Financial Management Chapter 1.

1- 1 Chapter Approach  Chapter 1  Firm Goals/Governance  Road to success with this chapter material Read Chapter 1 first Print the chapter handout Take.

2-1 Copyright © 2006 McGraw Hill Ryerson Limited prepared by: Sujata Madan McGill University Fundamentals of Corporate Finance Third Canadian Edition.

Corporate Finance Mr. Long Sovang, MFI. 1.1 Introduction to Corporate Finance.

Chapter 2 Financial Markets and Institutions

McGraw-Hill/Irwin ©2001 The McGraw-Hill Companies All Rights Reserved Essentials of Corporate Finance RossWesterfieldJordan Third Edition.

Chapter 1 - An Introduction to Financial Management 08/28/08.

The Role of a Financial Manager Corporations Roles and Titles of Financial Managers Principal-Agent Problems Presentation – Dennis Spice.

Goals and Governance of the Firm

An Overview of Corporate Financing

1 FINC3131 Business Finance Chapter 1: Introduction & overview.

 Short Term Lending and Borrowing Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 32 © The McGraw-Hill.

2- 1 Chapter Approach  Chapter 2  Financial Markets  Road to success with this chapter material Read Chapter 2 first Print the chapter handout Take.

Chapter 1 Principles PrinciplesofCorporateFinance Ninth Edition Finance and The Financial Manager Slides by Matthew Will Copyright © 2008 by The McGraw-Hill.

1- 1 CURRICULUM  Introduction: goal of the firm  Financial markets and institutions, accounting and finance  Measuring corporate performance  Long-term.

Chapter 2 Fundamentals of Corporate Finance Fifth Edition Slides by Matthew Will McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc.

Chapter 1 Fundamentals of Corporate Finance Fifth Edition Slides by Matthew Will McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc.

Chapter 14 Principles PrinciplesofCorporateFinance Tenth Edition An Overview of Corporate Financing Slides by Matthew Will Copyright © 2010 by The McGraw-Hill.

 Short Term Financial Planning Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 29 © The McGraw-Hill Companies,

 How Corporations Issue Securities Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 15 © The McGraw-Hill.

Fundamentals of Corporate Finance

Introduction Learning website:

An Overview of Financial Management

Chapter 1 - An Introduction to Financial Management

An Overview of Corporate Financing

Finance and The Financial Manager

An Overview of Corporate Financing

Chapter 1 - An Introduction to Financial Management

Role and Environment of Managerial Finance

Role and Environment of Managerial Finance

An Overview of Financial Management

Chapter 2 Financial Markets and Institutions

Presentation transcript:

 Finance and the Financial Manager Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 1 © The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 2 Topics Covered  What Is A Corporation?  The Role of The Financial Manager  Who Is The Financial Manager?  Separation of Ownership and Management  Financial Markets

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 3 Corporate Structure Sole Proprietorships Partnerships

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 4 Corporate Structure Sole Proprietorships Partnerships Unlimited Liability Personal tax on profits

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 5 Corporate Structure Sole Proprietorships Corporations Partnerships Unlimited Liability Personal tax on profits

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 6 Corporate Structure Sole Proprietorships Corporations Partnerships Unlimited Liability Personal tax on profits Limited Liability Corporate tax on profits + Personal tax on dividends

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 7 Role of The Financial Manager Financial manager Firm's operations Financial markets (1) Cash raised from investors (1)

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 8 Role of The Financial Manager Financial manager Firm's operations Financial markets (1) Cash raised from investors (2) Cash invested in firm (1)(2)

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill 1- 9 Role of The Financial Manager Financial manager Firm's operations Financial markets (1) Cash raised from investors (2) Cash invested in firm (3) Cash generated by operations (1)(2) (3)

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Role of The Financial Manager Financial manager Firm's operations Financial markets (1) Cash raised from investors (2) Cash invested in firm (3) Cash generated by operations (4a) Cash reinvested (1)(2) (3) (4a)

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Role of The Financial Manager Financial manager Firm's operations Financial markets (1) Cash raised from investors (2) Cash invested in firm (3) Cash generated by operations (4a) Cash reinvested (4b) Cash returned to investors (1)(2) (3) (4a) (4b)

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Who is The Financial Manager? Chief Financial Officer

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Who is The Financial Manager? Chief Financial Officer Comptroller Treasurer

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Ownership vs. Management Difference in Information  Stock prices and returns  Issues of shares and other securities  Dividends  Financing Different Objectives  Managers vs. stockholders  Top mgmt vs. operating mgmt  Stockholders vs. banks and lenders

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Financial Markets Primary Markets Money

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Financial Markets Primary Markets Secondary Markets Money

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Financial Markets Primary Markets Secondary Markets OTC Markets Money

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Financial Institutions Company Intermediaries Banks Insurance Cos. Brokerage Firms Obligations Funds

© The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw Hill Financial Institutions Intermediaries Investors Depositors Policyholders Investors Obligations Funds