Tải bản đầy đủ (.ppt) (31 trang)

Tài liệu Tài chính doanh nghiệp - Chương 1 pdf

Bạn đang xem bản rút gọn của tài liệu. Xem và tải ngay bản đầy đủ của tài liệu tại đây (211.88 KB, 31 trang )

1-1




Fundamentals of
Fundamentals of
Corporate Finance
Corporate Finance
1-2
Ch¬ng
Ch¬ng
1
1






An Overview of
An Overview of
Corporate Finance
Corporate Finance
1-3
Tµi chÝnh doanh
Tµi chÝnh doanh
nghiÖp
nghiÖp












1-4
 !
 !
"#$%&'(
)$*+,-
.-/
01%%231,45
6%78
1-5
9'
9'





 :';72<

9&=&

 :!2:


 :'*>?
1-6
' !
' !

9@A%7%B2
Investment Decisions

9@A%7C
Financing Decisions

9DE*D
Management Decisions
1-7
FB2C !
FB2C !

9@1GC2'

B%B2*D

H*DI;D1J
=K
L1,M68
L1,M68
1-8
9@A%73C
9@A%73C


N3CC
6

O6C2A
D6

*P3$
1-9
9DE*D
9DE*D

H1*+,*D
D6

1'DE

9DE*D2%&
*DC%7
1-10
7'
7'


Ngân sách
Nhà nớc
Tài chính
doanh nghiệp

Tín dụng
Tài chính tổ

chức xã hội
Tài chính
hộ gia đình
Bảo hiểm
Thị tr
ờng
tài chính
1-11
PCD2>
PCD2>
 !
 !

FJ%;1*>?C

NE' !

FJ%;15AQ5-$'

RG2<5
SRG2<7
STA
SA$
1-12
A$ !
A$ !

A! !U!7AVA*6

!7AU Q

.!2:A/
!*AU!2:AQA! !
1-13
$7A A FO7W!1%(
X
FA
Y
AD&
Z
[ZZZ)ZZZ
Z\
8ZV.!]Z/
[)ZZZ)ZZZ
^[)ZZZ)ZZZ
^Z\
8^V.!Q[ZZZ)ZZZ/
^[)ZZZ)ZZZ
_[)ZZZ)ZZZ
_Z\
^)ZZZ)ZZZ`8_V.!Q^[)ZZZ)ZZZ/
_[)ZZZ)ZZZ
aZ)ZZZ)ZZZ
LZ\
L)ZZZ)ZZZ
`8LV.!Q_[)ZZZ)ZZZ/
4
aZ)ZZZ)ZZZ

 aZ\
b)[ZZ)ZZZ`8aV.!QaZ)ZZZ)ZZZ/



A$%C:
A$%C:
PI$
PI$
A$P'P2<!1I
1$WL[)ZZZ)ZZZ%c%23V%7W
UL)ZZZ)ZZZ`Z8LV.L[)ZZZ)ZZZQ_[)ZZZ)ZZZ/Ud)ZZZ)ZZZ%
1-14





 2P.ef*/

G@3.ef*/

G@B./

G@NNN.H1fH=f*8/

 2:
."fSgfhf*f/
1-15
2P
2P
$X%&5
$X%&5%23

$7A$
P''
H51&';
$71G
%C:5D3' !
1-16
2P
2P
"fef*
"fef*
Advantages
Advantages

FOD)Mi

$

$

A4A
$P
Disadvantages
Disadvantages

1G

TI@%&C
=*

TI@;@

*>?
1-17
G@3
G@3


Partnership
Partnership

$X%&5
$X%&5
%23$7A
$P''*>?8
G@3
G@3QH1&
5J2<
$j1'*>?8
1-18
G@3
G@3

G@3?
G@3?

SS
471?%C:
5D3f*CCM%II8!2
@4B6DI1&47
1G8


G@3G
G@3G




S'*>
?I
1G
k,%C
:5D3'8
1-19
G@3
G@3


Partnership
Partnership
Advantages
Advantages

lM)I;%OD

$6)
O
2P

',M

1?

%C:4
?
Disadvantages
Disadvantages

1G
%C:4G


TI@%&C=
*2)2m
O2
P

TI@;23
@*>?
1-20
G@B
G@B


Corporation
Corporation

I2PDE
*+,*D5D3

$X%&5
$X%&5
%23

%23




$7A
$7A

QH1&5
%&$:'*>?8
1-21
G@B
G@B


Corporation
Corporation
Advantages
Advantages

?

m@;23
@*>?

<%&
G

m@%&5C2
3C:

Disadvantages
Disadvantages

n7%A
B

TI$O

$
@
%&:
1-22
G@1?
G@1?


Limited Liability Companies (LLC)
Limited Liability Companies (LLC)

$X%&5
$X%&5%23
$7A$
P'48
G@1?
G@1?

Q1&
5%I4
o71?:1
*CCI8

1-23
G@1?
G@1?

1?

9DE$

<%&5GV%7

@;23@*>?15GB
*#D$2:'';5
G2<)1&G@!NNoI%J
G2<)1&G@!NNoI%J
%;1%Ba%J%;1'G@B*
%;1%Ba%J%;1'G@B*
:
:
1-24
G@1?
G@1?
Advantages
Advantages

1?

TG=7%A
B

TG:

4

m@%&CO
Disadvantages
Disadvantages

<
%&=7:
.G2</

TI@;
@*>?
.G2</
1-25
!2:
!2:


State Owned Enterprise
State Owned Enterprise
$X%&5
$X%&5%23
$7A$'

H5%&$)1&
';!2:$7
1?%C:5D
3' !

×