教學大綱課程名稱：公司理財（雙語）一、教學目的和要求Themainobjectiveofthecourseistointroducetothestudentssomegeneralaspectsofthefinancialmanagementenvironment,financialanalysis,investmentdecision,etc.Theskillstounderstand,analyzeandsolveproblemsareessentialtothemanagementofenterprises,sostudentsareexpectedtobemoreawareoftheproblems,deepentheirunderstandingofproblemsandissues,andimprovetheirskillsinsolvingnumerousproblemsincorporatefinancialmanagement.二、教學中應注意的問題1.Studentsareamajorcomponentofthelearningprocessandwillbeexpectedtoattendclass.2.Excessiveabsenceandtardinesswillresultinalowercoursegrade.三、教學內容PARTIINTRODUCTION本章教學目的和要求：Part1definesthefinancefunction,examinesthegoalsofthefirm,considerstheroleofthefinancialmanager,reviewsthestructureandfunctioningofthedomesticandinternationalfinancialmarketplace.Thebasicconceptsofshareholderwealthmaximization,cashflow,andmarketefficiencyarepresented.本章教學重點和難點：Masterthebasicconceptsofshareholderwealthmaximization,cashflow,andmarketefficiencyarepresented.WhatisFinance?GoalsoftheFirmAgencyProblemFinancialSystemMarketEfficiencyHypothesisPARTIIDETERMINANTSOFVALUATION本章教學目的和要求：PartIIdevelopsthetheoryofvaluation,includingacomprehensivetreatmentoftimevalueofmoneyconcepts,thevaluationoffixedincomesecurities,andthevaluationofequitysecurities.Theroleofinvestmentbankersintheissuanceofsecuritiesisdiscussed.Risk-returnanalysisconceptsarepresented.本章教學重點和難點：Mastertimevalueofmoneyconcepts,thevaluationoffixedincomesecurities,andthevaluationofequitysecurities.FromChapter3toChapter7TheTimeValueofMoneyValuingFinancialSecuritiesBondPreferredStockCommonStockRiskandReturnPARTIIICAPITALINVESTMENTDECISION本章教學目的和要求：PartIIIpresentsthecapitalinvestmentdecision,emphasizingboththetheoreticalandthepracticalaspectsofcapitalbudgeting,includingtherole-playedbyrealoptionsinthecapitalbudgetingprocess.本章教學重點和難點：Mastercapitalbudgeting.TheCostofCapitalCashFlowAnalysisCapitalBudgetingDecisionCriteriaOtherMethodsinCapitalBudgetingCapitalBudgetingandRiskTheOptimalCapitalBudgetingCAPITALSTRUCTUREANDDIVIDENDPOLICY本章教學目的和要求：PartyIVdealswiththecostofcapital,thedeterminantsofanoptimalcapitalstructure,anddividendpolicy.本章教學重點和難點：Masterdividendpolicy.FromChapter12toChapter14BreakevenAnalysisOperatingLeverageandBusinessRiskFinancialLeverageandFinancialRiskCombinedLeverageTheCapitalStructureTheoryDividendPolicyWORKINGCAPITALMANAGEMENT本章教學目的和要求：PartyValsocoversfinancialforecastingtechniques.PartyVIcoversleasefinancing,financingwithderivatives.本章教學重點和難點：FromChapter15toChapter17FinancialForecastingWorkingCapitalPolicyTheManagementofCashMarketableSecuritiesMangementofAccountsReceivableandInventoriesADVANCEDTOPTICS本章教學目的和要求：PartyVIcoversleasefinancing,financingwithderivatives.本章教學重點和難點：LeasesFinancingFinancingWithDerivatives四、教學課時分配表教學課時分配表課時分配（學時）章節名稱課堂授課實驗上機討論課外備注PARTIINTRODUCTION4PARTIIDETERMINANTSOFVALUATION8PARTIIICAPITALINVESTMENTDECISION8PARTIVCAPITALSTRUCTUREANDDIVIDENDPOLICY8PARTVWORKINGCAPITALMANAGEMENT8PARTVIADVANCEDTOPTICS4合計48總授課課時48注：課時分配表中的課時可根據課程需要進行調整。五、ReferenceBooks:.ArthurJ.Keown,J.WilliamPetty,DavidF.Scott,Jr.andJohnD.Martin,FoundationofFinance,SecondEdition,1998byPrentice-Hall,Inc..RichardA.Brealey,StewartC.Myers,PrinciplesofCorporateFinance,FifthEdition,2001byMcGraw-Hill..StephenA.Ross,RandolphW.Westerfield,JeffreyF.Jaffe,CorporateFinance,FifthEdition,1999byMcGraw-Hill..RichardPike,BillNeale,CorporateFinanceandInvestment,FourthEdition,2003byPrenticeHall..W.Kester,etc,CaseProblemsinFinance,1997byMcGraw-Hill..《公司理財精要》，斯蒂芬?羅斯等著，張建平譯，人民郵電出版社，2003年1月.《公司財務管理》蔣屏主編，對外經濟貿易大學出版社，2001年.《當代西方財務管理》，周首華、楊