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Um novo conceito em Educao

INSTITUTO TOCANTINENSE DE EDUCAO SUPERIOR


E PESQUISA LTDA FACULDADE ITOP
Construindo competncias que agregam valor profissional

PS-GRADUAO LATO SENSU EM


MBA EM COMUNICAO EMPRESARIAL E MARKETING

Mdulo: Finanas corporativas


Prof. Leonardo Cmara Ribeiro
GRADUAO: Administrao de Empresas
ESPECIALIZAO: Administrao Pblica, Finanas Corporativas
ATIVIDADES EXERCIDAS:
Professor da Universidade Catlica Finanas I e II
Professor da Faculdade Serra do Carmo Finanas I e II, Gesto de Custos.
Professor da Fundao Universa / Ps graduao Finanas Corporativas.
Professor da Faculdade ITOP/Ps graduao.
Gerente de Oramento e Anlise de Investimento do Grupo ETASA.
Administrador pblico do estado do Tocantins.
Coordenador de Modernizao da Administrao Pblica SECAD/TO.
Diretor de Modernizao da Administrao Pblica SECAD/TO.
Assessor de Gabinete da Secretaria de Recursos Hdricos e Meio Ambiente.

PALMAS TO
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PLANO DA DISCIPLINA
EMENTA: Parte 1 Noes introdutrias: princpios contbeis, regime de caixa e regime de competncia, DRE,
Participaes de administradores e empregados, fluxo de caixa, ttulos de crdito, noes de tributos. Parte 2
Finanas corporativas: Valor do dinheiro no tempo, valor presente e valor futuro, valor presente lquido, fontes de
financiamento, custo de oportunidade, custo mdio ponderado de capital, decises de investimento, payback, TIR,
TMA.

OBJETIVO GERAL:
Integrar os conceitos e fundamentos tericos da moderna doutrina de Finanas Corporativas, analisar a estrutura
de capital das empresas segundo a Deciso de investimento e a Deciso de financiamento. A anlise prioriza a
questo dos incentivos relacionada com a assimetria de informao. Pretende-se tambm mostrar a estrutura de
financiamento das empresas brasileiras.
OBJETIVOS ESPECFICOS:
Apresentao de tcnicas de gesto financeira que possibilitem ao discente tomar decises que aumentem a
rentabilidade das organizaes sem comprometer a capacidade de pagamento das mesmas.
JUSTIFICATIVA:
Esta disciplina crucial para fornecer ao aluno um slido conhecimento dos fundamentos de finanas,
apresentando e desenvolvendo os conceitos de oramento e estrutura de capital, bem como discutindo a relao
risco-retorno. Fornece tambm os alicerces para o entendimento do funcionamento de uma empresa sob a
perspectiva das finanas, abordando especificamente o problema das decises entre alternativas de investimento
e de financiamento.
CONTEDO PROGRAMTICO:
Fundamentos de Administrao Financeira: empresa e meio ambiente econmico, funes do administrador
financeiro e objetivos da empresa, conceitos chaves de impostos e ttulos de crdito.
Financiamentos operaes de emprstimos Longo Prazo: recursos BNDES, BASA, CAIXA e BB
Debntures, Aes e Leasing.
Estrutura de Capital: Estrutura de capital, custo mdio ponderando de capital, VPL, TIR, TMA, conceitos dos
ndices e demonstrao
PROCEDIMENTOS METODOLGICOS:
A estrutura bsica da disciplina ser desenvolvida atravs da exposio e discusso de conceitos e exemplos
ilustrativos em aula, com estudos de caso.
AVALIAO DA APRENDIZAGEM:
As avaliaes sero feitas mediante aplicao de uma prova em grupo com peso de 90% e o restante da nota, ou
seja, 10% ser pela participao em sala.
BIBLIOGRAFIA:
ROSS, Stephen A., WESTERFIELD, Randolph W. e JORDAN, Bradford D. Princpios de Administrao Financeira
essential of corporate finance. So Paulo: Atlas, 2009
DAMODARAN, Aswath. Finanas Corporativas Aplicadas: manual do usurio. Porto Alegre: Bookman, 2009.
ASSAF NETO, Alexandre. Finanas Corporativas e Valor. So Paulo: Atlas, 2008.
GITMAN, Lawrence J. Princpios de Administrao Financeira. 10. ed. So Paulo: Harbra, 2009;

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