700.901 (21S) Value based Management

Sommersemester 2021

Anmeldefrist abgelaufen.

Erster Termin der LV
02.03.2021 08:00 - 10:00 ONLINE Off Campus
... keine weiteren Termine bekannt

Überblick

Bedingt durch die COVID-19-Pandemie können kurzfristige Änderungen bei Lehrveranstaltungen und Prüfungen (z.B. Absage von Präsenz-Lehreveranstaltungen und Umstellung auf Online-Prüfungen) erforderlich sein.

Weitere Informationen zum Lehrbetrieb vor Ort finden Sie unter: https://www.aau.at/corona.
Lehrende/r
LV-Titel englisch
Value based Management
LV-Art
Vorlesung-Kurs (prüfungsimmanente LV )
LV-Modell
Onlinelehrveranstaltung
Semesterstunde/n
1.0
ECTS-Anrechnungspunkte
2.0
Anmeldungen
5 (40 max.)
Organisationseinheit
Unterrichtssprache
Englisch
LV-Beginn
02.03.2021
eLearning
zum Moodle-Kurs

Zeit und Ort

Beachten Sie bitte, dass sich aufgrund von COVID-19-Maßnahmen die derzeit angezeigten Termine noch ändern können.
Liste der Termine wird geladen...

LV-Beschreibung

Intendierte Lernergebnisse

Getting an idea of

  • How to value investment opportunities?
  • What drives shareholder value and how to reflect this in corporate planning?
  • How to measure the shareholder value that was/will be generated in a single period?
  • How to affect managerial decisions in direction of shareholder value?
  • Further aspects, for example, criticisms of value based management, shareholder vs. stakeholder value,…

Lehrmethodik inkl. Einsatz von eLearning-Tools

Lecture, discussion and students' presentation.

Inhalt/e

The key issue of value-based management is to prioritize those decisions which contribute to firm value. Besides a certain managerial mind-set value-based management also comprises various metrics (like economic value added®) and instruments directed to measure and deliberately affect firm value. The course provides an introduction to value-based management including value-based metrics and value-based management compensation. In the course, the key features of value-based management are analysed and its consequences are discussed.

  • Idea and background of value-based management
  • Basic principles of valuation, esp. net Present Value and discounted cash flow
  • Principles of residual income-based metrics
  • Examples of residual income-based metrics (economic value added, cash flow return on investment)
  • Value-based management compensation
  • Critical assessment of value-based management
  • Shareholder value vs. stakeholder value

Literatur

Young, S. David; O’Byrne, Stephen F.: EVA and Value-Based Management: A Practical Guide to Implementation, New York et al. 2000 (McGraw-Hill) Brealey, Richard A.; Myers, Stewart C; Allen, Franklin: Principles of Corporate Finance, 11th Global Edition, Maidenhead et al. 2014 (McGraw-Hill Education)

Prüfungsinformationen

Prüfungsmethode/n

Oral presentation and position paper.

Prüfungsinhalt/e

The oral presentation (30 minutes) is intended to give an overview about the selected topic.

The position paper deals with the same topic as the student’s oral presentation.

Beurteilungskriterien/-maßstäbe

Attendance of at least 75%.

For the presentation and position paper:

  • correctness and clarity (i.e., are the key ideas of the research paper correctly and concisely captured and presented).

Beurteilungsschema

Note Benotungsschema

Position im Curriculum

  • Masterstudium Information Management (SKZ: 922, Version: 19W.1)
    • Fach: Quantitative Management (Wahlfach)
      • 6.1.1 Value Based Management ( 0.0h VC / 2.0 ECTS)
        • 700.901 Value based Management (1.0h VC / 2.0 ECTS)
          Absolvierung im 1., 2., 3., 4. Semester empfohlen
  • Masterstudium Informationsmanagement (SKZ: 922, Version: 13W.2)
    • Fach: Freie Wahlfächer (Freifach)
      • Freie Wahlfächer ( 0.0h XX / 6.0 ECTS)
        • 700.901 Value based Management (1.0h VC / 2.0 ECTS)
  • Masterstudium Information and Communications Engineering (ICE) (SKZ: 488, Version: 15W.1)
    • Fach: Management and Economics : Fundamentals (WI) (Pflichtfach)
      • Value based Management ( 0.0h VK / 2.0 ECTS)
        • 700.901 Value based Management (1.0h VC / 2.0 ECTS)
  • Masterstudium Information and Communications Engineering (ICE) (SKZ: 488, Version: 15W.1)
    • Fach: Lehrveranstaltungsauswahl (siehe Seite 19 des Curriculums) (WI) (Wahlfach)
      • Lehrveranstaltungsauswahl ( 0.0h XX / 6.0 ECTS)
        • 700.901 Value based Management (1.0h VC / 2.0 ECTS)

Gleichwertige Lehrveranstaltungen im Sinne der Prüfungsantrittszählung

Sommersemester 2020
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2019
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2018
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2017
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2016
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)