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

Slides:



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

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 0 Chapter 1 Introduction to Financial Management.
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.
Chapter 8 Principles PrinciplesofCorporateFinance Tenth Edition Portfolio Theory and the Capital Asset Pricing Model Slides by Matthew Will Copyright ©
Introduction to Corporate Finance
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
Chapter McGraw-Hill/Irwin Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. 1 Introduction to Corporate Finance.
Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 9-1 Chapter (1) An Overview Of Financial Management.
Introduction to Financial Management
© 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.
 Finance and the Financial Manager Principles of Corporate Finance Brealey and Myers Sixth Edition Slides by Matthew Will Chapter 1 © The McGraw-Hill.
Chapter 35 Principles PrinciplesofCorporateFinance Ninth Edition Conclusion: What We Do And Do Not Know About Finance Slides by Matthew Will Copyright.
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.
Goals and Governance of the Firm
© 2005 McGraw-Hill Ryerson Limited © 2003 The McGraw-Hill Companies, Inc. All rights reserved.
McGraw-Hill/Irwin © 2003 The McGraw-Hill Companies, Inc. All rights reserved.
19- 1 McGraw Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved Fundamentals of Corporate Finance Sixth Edition Richard.
Chapter 1 Introduction to Corporate Finance Copyright © 2012 by McGraw-Hill Education. All rights reserved.
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.
Chapter 15 Principles PrinciplesofCorporateFinance Tenth Edition How Corporations Issue Securities Slides by Matthew Will Copyright © 2010 by The McGraw-Hill.
How Corporations Issue Securities
Chapter 20 Principles PrinciplesofCorporateFinance Ninth Edition Financing and Valuation Slides by Matthew Will Copyright © 2008 by The McGraw-Hill Companies,
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.
Chapter 19 Principles PrinciplesofCorporateFinance Tenth Edition Financing and Valuation Slides by Matthew Will Copyright © 2010 by The McGraw-Hill Companies,
Goals and Governance of the Firm
Chapter 14 Fundamentals of Corporate Finance Fifth Edition Slides by Matthew Will McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc.
Chapter 2 Financial Markets and Institutions
Chapter 17 Fundamentals of Corporate Finance Fifth Edition Slides by Matthew Will McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc.
McGraw-Hill/Irwin ©2001 The McGraw-Hill Companies All Rights Reserved Essentials of Corporate Finance RossWesterfieldJordan Third Edition.
The Role of a Financial Manager Corporations Roles and Titles of Financial Managers Principal-Agent Problems Presentation – Dennis Spice.
McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
Goals and Governance of the Firm
Chapter 29 Principles PrinciplesofCorporateFinance Ninth Edition Financial Analysis and Planning Slides by Matthew Will Copyright © 2008 by The McGraw-Hill.
Chapter 31 Principles PrinciplesofCorporateFinance Ninth Edition Short Term Financial PLanning Slides by Matthew Will Copyright © 2008 by 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.
1- 1 CURRICULUM  Introduction: goal of the firm  Financial markets and institutions, accounting and finance  Measuring corporate performance  Long-term.
INTRODUCTION TO CORPORATE FINANCE CHAPTER 1 Copyright © 2016 McGraw-Hill Global Education LLC. All rights reserved.
Chapter 29 Principles PrinciplesofCorporateFinance Ninth Edition Financial Analysis and Planning Slides by Matthew Will Copyright © 2008 by The McGraw-Hill.
Chapter 8 Principles PrinciplesofCorporateFinance Ninth Edition Introduction to Risk, Return, and The Opportunity Cost of Capital Slides by Matthew Will.
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 1 Fundamentals of Corporate Finance Fifth Edition Slides by Matthew Will McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc.
Chapter 5 Principles PrinciplesofCorporateFinance Ninth Edition The Value of Common Stocks Slides by Matthew Will Copyright © 2008 by The McGraw-Hill Companies,
Copyright © 2006 McGraw Hill Ryerson Limited1-1 prepared by: Sujata Madan McGill University Fundamentals of Corporate Finance Third Canadian Edition.
Chapter 5 Principles PrinciplesofCorporateFinance Concise Edition The Value of Common Stocks Slides by Matthew Will Copyright © 2009 by The McGraw-Hill.
Chapter 33 Principles PrinciplesofCorporateFinance Ninth Edition Corporate Restructuring Slides by Matthew Will Copyright © 2008 by The McGraw-Hill Companies,
Chapter Outline Finance Corporate Finance and the Financial Manager
Goals and Governance of the Firm
Fundamentals of Corporate Finance
How Corporations Issue Securities
Corporate Restructuring
Introduction Learning website:
Chapter 1 - An Introduction to Financial Management
Corporate Finance, Concise
Finance and The Financial Manager
Chapter 1 - An Introduction to Financial Management
Chapter 28 Financial Analysis Principles of Corporate Finance
Presentation transcript:

Chapter 1 Principles PrinciplesofCorporateFinance Ninth Edition Finance and The Financial Manager Slides by Matthew Will Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved McGraw Hill/Irwin

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 2 McGraw Hill/Irwin Topics Covered  What Is A Corporation?  The Role of The Financial Manager  Who Is The Financial Manager?  Separation of Ownership and Management

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 3 McGraw Hill/Irwin Corporate Structure Sole Proprietorships Corporations Partnerships Limited Liability Corporate tax on profits + Personal tax on dividends Unlimited Liability Personal tax on profits

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 4 McGraw Hill/Irwin Organizing a Business

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 5 McGraw Hill/Irwin Financial Market Functions  Source of funding  Investor liquidity  Risk management  Source of information

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 6 McGraw Hill/Irwin Role of The Financial Manager Financial manager Firm's operations Financial markets (1) Cash raised from investors (1) (2) Cash invested in firm (2) (3) Cash generated by operations (3) (4a) Cash reinvested (4a) (4b) Cash returned to investors (4b)

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 7 McGraw Hill/Irwin Role of The Financial Manager  Common Finance Terminology –Real assets –Financial assets / Securities –Capital markets and financial markets –Investment / capital budgeting –Financing

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 8 McGraw Hill/Irwin Who is The Financial Manager? Chief Financial Officer Controller Treasurer

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved 1- 9 McGraw Hill/Irwin 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

Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved McGraw Hill/Irwin Web Resources Click to access web sites Internet connection required