6007 - 企業評價與分析

Business Valuation and Analysis

教育目標 Course Target

本課程旨在協助同學瞭解公司財務如何應用到公司的管理,也以實務的角度來整理過去同學的財務理論。尤其財務管理的第一章就說明企業經營的目標就是極大股東財富,何謂極大股東財富?背後的意義為何?此為財金人必須深入瞭解的地方。
從策略高度的理解,極大股東財富就是要協助企業創造長期價值,並重新審視短期利潤導向思維的限制。本課程強調:真正的企業競爭力並非建立在追求季度績效,而是建立在能持續創造、累積並擴大公司價值的能力。本課程將帶領同學理解企業價值的構成要素、關鍵驅動因子,以及如何透過策略決策影響企業長期績效,此亦為當今企業財務長應有的財務理念。
本課程旨在使學生瞭解公司的目標是如何極大化公司的價值,課程分成三大部分,如下:
第一:課程初始會用幾堂課的時間,讓學生理解為何價值對公司很重要,為何極大股東財富是企業經營文化的最高境界。在此目標下,課程會列舉十大創造股東財富的策略,可能會顛覆同學過去的思維,同時我們也會說明目前中小企業在追求股東財富時候的困境,中小企業要如何因應。
第二:在創造價值的目標下,有一個觀念很重要,就是如何與利害關係人共創價值,課程將以顧客、員工與供應商為例,除了教授目前許多企業的作法之外,也會讓同學透過討論與報告,思考如何在公司可以使用共創價值的概念,將公司的餅做大,做造最大的公司價值與股東財富。
第三:課程將介紹如何計算企業的價值。

This course aims to help students understand how corporate finance is applied to company management, and also to organize past students’ financial theories from a practical perspective. In particular, the first chapter of financial management explains that the goal of business operations is to maximize shareholder wealth. What is maximum shareholder wealth? What's the meaning behind it? This is something that financial professionals must understand deeply.
From a strategic perspective, maximizing shareholder wealth is to help companies create long-term value and re-examine the limitations of short-term profit-oriented thinking. This course emphasizes that true corporate competitiveness is not based on the pursuit of quarterly performance, but on the ability to continuously create, accumulate and expand company value. This course will lead students to understand the components of corporate value, key drivers, and how to influence corporate long-term performance through strategic decisions. This is also the financial concept that today's corporate finance chiefs should have.
This course aims to enable students to understand how a company's goal is to maximize the company's value. The course is divided into three parts, as follows:
First: A few classes will be used at the beginning of the course to allow students to understand why value is important to a company and why extremely large shareholder wealth is the highest state of corporate management culture. Under this goal, the course will list the top ten strategies for creating shareholder wealth, which may subvert students' past thinking. At the same time, we will also explain the current dilemmas of small and medium-sized enterprises when pursuing shareholder wealth, and how small and medium-sized enterprises should respond.
Second: Under the goal of creating value, there is a very important concept, which is how to co-create value with stakeholders. The course will use customers, employees and suppliers as examples. In addition to teaching the current practices of many companies, students will also be asked to think through discussions and reports on how to use the concept of co-creating value in the company to expand the company's pie and create the greatest corporate value and shareholder wealth.
Third: The course will introduce how to calculate the value of a business.

參考書目 Reference Books

講師自製講義,參考資料如下:
1. Tom Coplend, Tim Koller and Jack Murrin, Valuation-Measuring and Managing the Value of Companies, 2008, ed., 華泰書局代理。
2. 陳隆麒著,事業評價,華泰書局,2004年。
3. 李芳齡譯,哈佛最熱門的價值策略課,商業週刊,2025年
4. 林美琪譯,最高附加價值創造法,幸福文化書局,2024年。
5. 周詩婷譯,為故書估值,今週刊,2022年。

Lecturer’s own handouts, reference materials are as follows:
1. Tom Coplend, Tim Koller and Jack Murrin, Valuation-Measuring and Managing the Value of Companies, 2008, ed., distributed by Huatai Book Company.
2. Chen Longqi, Career Evaluation, Huatai Book Company, 2004.
3. Translated by Li Fangling, Harvard’s most popular value strategy course, Business Weekly, 2025
4. Translated by Lin Meiqi, The Highest Added Value Creation Method, Happy Culture Bookstore, 2024.
5. Translated by Zhou Shiting, Valuation of Old Books, Today Weekly, 2022.

評分方式 Grading

評分項目
Grading Method
配分比例
Percentage
說明
Description
期末報告
Final report
60
上課參與
Participate in class
20
出席情況
Attendance
20

授課大綱 Course Plan

點擊下方連結查看詳細授課大綱
Click the link below to view the detailed course plan

查看授課大綱 View Course Plan

相似課程 Related Courses

無相似課程 No related courses found

課程資訊 Course Information

基本資料 Basic Information

  • 課程代碼 Course Code: 6007
  • 學分 Credit: 0-3
  • 上課時間 Course Time:
    Monday/5,6,7[M332]
  • 授課教師 Teacher:
    詹家昌
  • 修課班級 Class:
    財金碩1,2
  • 選課備註 Memo:
    教室M332
選課狀態 Enrollment Status

目前選課人數 Current Enrollment: 25 人

交換生/外籍生選課登記

請點選上方按鈕加入登記清單,再等候任課教師審核。
Add this class to your wishlist by clicking the button above.