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Advanced Financial Accounting II: Corporate Valuation & Governance
(dt. Rechnungslegung II: Bewertung & Governance)

Level, degree of commitment Specialization module, compulsory elective module
Forms of teaching and learning,
workload
Lecture, private study, Vorträge von and Diskussion mit Praktikern,
180 hours (attendance: 45 hours, additional studies: 45 hours, preparation and follow-up: 45 hours, exam preparation: 45 hours)
Credit points,
formal requirements
6 CP
Course requirement(s): Protocol of a guest lecture on Accounting and Finance (1-2 pages)
Examination type: Written examination
Language,
Grading
German/English,
The grading is done with 0 to 15 points according to the examination regulations for the degree program M.Sc. Business Administration.
Duration,
frequency
One semester,
each winter semester
Person in charge of the module's outline Prof. Dr. Sascha H. Mölls

Contents

The module includes the following two courses:

Business Valuation:

Financial fundamentals (investment appraisal, capital theory, decision theory, portfolio selection, capital market theory), Fundamentals (development, guiding idea, valuation occasions), Individual marginal price determination (reproduction and liquidation value, capitalized earnings method), Market-oriented marginal price determination (DCF method, real option approach), Conflict-related business valuation (two- and multi-person conflict).

Corporate Governance:

Fundamentals (concepts, basic issues, interests relevant to the order, economic and corporate order), Capitalist enterprise (legal foundations, empirical findings, approaches to justification, connection institutes), Managerial enterprise (capital owners vs. managers, theories of managerial rule, empirical findings, alternative control mechanisms), Co-determined enterprise (legal foundations, empirical findings, approaches to justification, problems and perspectives), Comparative corporate governance, Accounting and auditing as a subarea of corporate governance.


Qualification Goals

The main objective of the module is to impart sound theoretical but at the same time practically usable knowledge in the areas of company valuation and corporate governance. In particular, participants should be able to recognize the limits of existing concepts in order to arrive at their own further developments on this basis, if necessary. By focusing on understanding interrelationships and linking theory and practice, the sustainability of the training is ensured.


Prerequisites

None.


Applicability

Module imported from M.Sc. Business Administration.

When studying M.Sc. Business Informatics, this module can be attended in the study area Compulsory Elective Modules in Business Administration.

The module is assigned to the focus area Accounting and Finance. Further information on eligibility can be found in the description of the study area.


Recommended Reading

(not specified)



Please note:

This page describes a module according to the latest valid module guide in Winter semester 2023/24. Most rules valid for a module are not covered by the examination regulations and can therefore be updated on a semesterly basis. The following versions are available in the online module guide:

The module guide contains all modules, independent of the current event offer. Please compare the current course catalogue in Marvin.

The information in this online module guide was created automatically. Legally binding is only the information in the examination regulations (Prüfungsordnung). If you notice any discrepancies or errors, we would be grateful for any advice.