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    FIN 201 - Introduction To Business Finance: Session 1 - 2

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    Saqib Rehan
    This document outlines topics that will be covered in an introduction to business finance course, including different forms of business organization like sole proprietorships and corporations. It discusses the goals of financial management as surviving, avoiding bankruptcy, beating competition, and maximizing shareholder wealth. Key financial management decisions are identified as capital budgeting, capital structure, and dividend policy. The document also addresses issues like whether earnings per share should be maximized, agency problems between managers and shareholders, and challenges that multinational corporations face compared to domestic businesses.

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    FIN 201 - Introduction To Business Finance: Session 1 - 2

    Uploaded by

    Saqib Rehan
    28 views8 pages
    This document outlines topics that will be covered in an introduction to business finance course, including different forms of business organization like sole proprietorships and corporations. It discusses the goals of financial management as surviving, avoiding bankruptcy, beating competition, and maximizing shareholder wealth. Key financial management decisions are identified as capital budgeting, capital structure, and dividend policy. The document also addresses issues like whether earnings per share should be maximized, agency problems between managers and shareholders, and challenges that multinational corporations face compared to domestic businesses.

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    Session 3-4

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    This document outlines topics that will be covered in an introduction to business finance course, including different forms of business organization like sole proprietorships and corporations. It discusses the goals of financial management as surviving, avoiding bankruptcy, beating competition, and maximizing shareholder wealth. Key financial management decisions are identified as capital budgeting, capital structure, and dividend policy. The document also addresses issues like whether earnings per share should be maximized, agency problems between managers and shareholders, and challenges that multinational corporations face compared to domestic businesses.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    28 views8 pages

    FIN 201 - Introduction To Business Finance: Session 1 - 2

    Uploaded by

    Saqib Rehan
    This document outlines topics that will be covered in an introduction to business finance course, including different forms of business organization like sole proprietorships and corporations. It discusses the goals of financial management as surviving, avoiding bankruptcy, beating competition, and maximizing shareholder wealth. Key financial management decisions are identified as capital budgeting, capital structure, and dividend policy. The document also addresses issues like whether earnings per share should be maximized, agency problems between managers and shareholders, and challenges that multinational corporations face compared to domestic businesses.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 8

    FIN 201 Introduction to Business

    Finance
    Session 1 2

    Fall 2016

    Zaufishan Zaidi
    Forms of Business Organization
    1. Sole Proprietorship
    2. Partnership
    3. Corporation

    Hybrid Business Forms


    . LLP
    . LLC
    . S Corporation
    Goal of Financial Management
    Survive
    Avoid financial distress and bankruptcy
    Beat the competition
    Maximize sales or market share
    Minimize costs
    Maintain steady earnings growth

    Maximize Shareholder wealth


    Financial Management Decisions
    1. Capital Budgeting
    2. Capital Structure
    3. Dividend Policy
    Should EPS be maximized?
    Earnings maximization is a shortsighted goal

    Timing of cash flows


    Risk of cash flows
    Agency Problem and Control
    Do managers act in the Stockholders interests?

    Managerial Compensation
    Shareholder Intervention
    Threat of Takeover
    Multinational Corporation
    Objectives:
    To seek new markets
    To seek raw materials
    To seek new technology
    To seek production efficiency
    To avoid political and regulatory hurdles
    Multinational vs Domestic Business
    Challenges:
    Different currency denomination
    Economic and Legal ramification
    Language differences
    Cultural differences
    Role of government
    Political risk

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