ECONOMICS AND CORPORATE ORGANIZATION (UNIT 1)
Learning outcomes of the course unit
The course offers a comprehensive overview on management issues in companies. It covers management issues in main functional areas of a company. Another main topic of this course is the quantitative analysis and the reporting of business activities. Therefore, appropriate systems and instruments of internal and external accounting and financial management are presented in general. Also, discounted cash flow techniques for investment appraisal are addressed.
Course contents summary
PART I: CORPORATE GOVERNANCE
Introduction to corporate governance: Basic concepts; Main forms of companies (SRL, SPA, etc.)
Introduction to business management: Introduction to the company and company structure; Marketing; Production; Logistics; Informatic systems; Finance; Management control systems; Human resources management.
PART II: BALANCE SHEET AND INCOME STATEMENT
The balance: Financial accounting; Accounts documents (list of assets, financial state); Reading the statement of accounts
IAS-IFRS
Analysis of accounts: Balance indicators (profitability, liquidity, solidity, efficiency)
Recommended readings
Suggested textbook
Dispensa di Economia ed Organizzazione Aziendale, A.A. 2009-2010, Corso di Laurea in Ingegneria Meccanica, Libreria Santa Croce.
Other useful books
- Anthony, R.N., Macrì, D.M., Pearlman, L.K, (2004), "Il bilancio: strumento di analisi per la gestione", McGraw-Hill, Milano, terza edizione.
Teaching methods
Two written tests and a facultative oral test. Written tests, covering the whole course program, include both theory questions and exercises.
