BA9260-Corporate Finance |
UNIT – I INDUSTRIAL FINANCE |
Indian Capital Market – Basic problem of Industrial Finance in India. Equity – Debenture
financing – Guidelines from SEBI, advantages and disadvantages and cost of various sources
of Finance - Finance from international sources, financing of exports – role of EXIM bank and
commercial banks.– Finance for rehabilitation of sick units. |
UNIT – II SHORT TERM-WORKING CAPITAL FINANCE |
Estimating working capital requirements – Approach adopted by Commercial banks,
Commercial paper- Public deposits and inter corporate investments. |
UNIT – III ADVANCED FINANCIAL MANAGEMENT |
Appraisal of Risky Investments, certainty equivalent of cash flows and risk adjusted discount
rate, risk analysis in the context of DCF methods using Probability information, nature of cash
flows, Sensitivity analysis; Simulation and investment decision, Decision tree approach in
investment decisions. |
UNIT – IV FINANCING DECISION |
Simulation and financing decision - cash inadequacy and cash insolvency- determining
the probability of cash insolvency- Financing decision in the Context of option pricing
model and agency costs- Inter-dependence of investment- financing and Dividend decisions. |
UNIT – V CORPORATE GOVERNANCE |
Corporate Governance - SEBI Guidelines- Corporate Disasters and Ethics- Corporate
Social Responsibility- Stakeholders and Ethics- Ethics, Managers and Professionalism. |
Text Books |
1. Richard A.Brealey, Stewat C.Myers and Mohanthy, Principles of Corporate Finance,
Tata McGraw Hill, 8th Edition, 2008
2. I.M.Pandey, Financial Management, Vikas Publishing House Pvt., Ltd., 11th Edition,
2008. |
Reference Books |
1. Brigham and Ehrhardt, Corporate Finance - A focused Approach, Cengage Learning,
1st Edition, 2008.
2. M.Y Khan, Indian Financial System, Tata McGraw Hill, 5th Edition, 2008
3. Smart, Megginson, and Gitman, Corporate Finance, 1st Edition, 2008.
4. Krishnamurthy and Viswanathan, Advanced Corporate Finance, PHI Learning, 2008.
5. Website of SEBI |
|