TAILIEUCHUNG - Lecture Financial markets and institutions (4/e) – Chapter 1

Chapter 1 - The role of financial management. After studying chapter 1, you should be able to: Explain why the role of the financial manager today is so important, describe “financial management” in terms of the three major decision areas that confront the financial manager, identify the goal of the firm and understand why shareholders’ wealth maximization is preferred over other goals;. | Chapter One Introduction Why study Financial Markets and Institutions? Prudent investment and financing requires a thorough understanding of the structure of domestic and international markets the flow of funds through domestic and international markets the strategies used to manage risks faced by investors and savers 1- McGraw-Hill/Irwin Financial Markets Financial markets are structures through which funds flow Financial markets can be distinguished along two dimensions primary versus secondary markets money versus capital markets 1- McGraw-Hill/Irwin Primary versus Secondary Markets Primary markets markets in which users of funds (., corporations and governments) raise funds by issuing financial instruments (., stocks and bonds) Secondary markets markets where financial instruments are traded among investors (., NYSE and Nasdaq) 1- McGraw-Hill/Irwin Money versus Capital Markets Money markets markets that trade debt securities with maturities of one year or less (., CDs and . Treasury bills) Capital markets markets that trade debt (bonds) and equity (stock) instruments with maturities of more than one year 1- McGraw-Hill/Irwin Money Market Instruments Outstanding, ($Bn) 1- McGraw-Hill/Irwin Capital Market Instruments Outstanding, ($Bn) 1- McGraw-Hill/Irwin Foreign Exchange (FX) Markets FX markets trading one currency for another (., dollar for yen) Spot FX the immediate exchange of currencies at current exchange rates Forward FX the exchange of currencies in the future on a specific date and at a pre-specified exchange rate 1- McGraw-Hill/Irwin Derivative Security Markets Derivative security a financial security whose payoff is linked to (., “derived” from) another security or commodity generally an agreement to exchange a standard quantity of assets at a set price on a specific date in the future 1- McGraw-Hill/Irwin Financial Market Regulation The Securities Act of 1933 full and fair disclosure and .

• Tài chính doanh nghiệp
• Financial management
• Fundamentals of financial management
• Financing decisions
• Investment decisions
• Role of management
• Financial management function
• Financial statement
• International trade transactions
• Financial statement analysis
• International financial management
• Quản lý tài chính
• Multinational financial management
• Exchange rates
• Financial environments
• Overview of Financial Management and the Financial Environment
• The financial environment
• Forms of business organization
• Determinants of stock pricing
• Financial instruments
• Practical financial management
• Financial background
• Financial statements
• Financial planning
• Financial system
• Financial ratio
• IT financial management
• Setting the scene
• IT financial management maturity
• Parameters influencing IT financial management
• Costs of IT financial management
• More quantifiable benefits
• Overview of roles
• Hospitality financial management
• Hospitality industry management
• Analysis of financial reports
• Analyzing financial statements
• Management decision making
• Foundations of financial management
• Review of accounting
• Financial analysis
• Financial forecasting
• The financing decision
• Financial leverage
• Current asset management
• Paper F7
• Revision kit 2016
• Management Financial
• Financial Management Exam Review
• Review of Financial Management
• Study text 2016
• Lecture Multinational financial management
• International financial reporting standards
• Foreign exchange risk management
• International cash management
• Cash flow analysis
• Centralized cash management
• Intermediate financial management
• Financial options
• Corporate valuation
• Corporate governance
• Financial markets
• Cash flow
• Analysis of financial statements
• Ratio analysis
• Interest rates
• Financial institutions
• Forecasting sales
• Business environment
• Limited liability company
• Common size analysis
• Statement analysis
• Break even analysis
• Break even point