GIURISPRUDENZALawAcademic Year 2022/2023

1016224 - ECONOMIA AZIENDALE

Teacher: FABIO LA ROSA

Course Structure

The course is structured in 42 hours of lectures, with Powerpoint support and student involvement.

Should teaching be carried out in mixed mode or remotely, it may be necessary to introduce changes with respect to previous statements, in line with the programme planned and outlined in the syllabus.

Learning assessment may also be carried out on line, should the conditions require it.

Required Prerequisites

For formal preparations, please consult the didactic regulations of the reference cohort available on the following dedicated page: http://www.lex.unict.it/it/chi-siamo/regolamenti-didattici-del-corso-di-laurea-magistrale-ciclo-unico-giurisprudenza-lmg01

Attendance of Lessons

Recommended

Detailed Course Content

1 The notion of firm and business administration.

2 The basic principles of governance: progress, unity, autonomy, profitability, solvency, notions of effectiveness, efficiency and business risk.

3 The relationships between profitability and solvency

4The basic principles of governance in different kind of firms.

5 The business success.

6 The organization: organizational structures, power, leadership, and operational mechanisms.

7 Unity of governance and plurality of legal entities: the corporate groups.

8 The control of profitability and solvency and its tools: the financial statements.

9 The limitations of the net income: uncertainty, arbitrariness, relativity.

10 The usefulness of the financial statements for solvency and profitability analysis. The operating income and the net income.

11 Endogenous and exogenous cash flows-: self-financing and the cash-flow statement.

12 The budget

13 The business plan

14 The different notions of capital: equity, liquidation, and market capital. Business valuation methods.

15 The determination of costs: cost configurations, direct costs and the allocation of indirect costs.

16 Fixed costs and variable costs: the profitability diagram.

Textbook Information

Sorci C., Lezioni di Economia aziendale, Giuffrè, Milan, (second edition) 2014.

Course Planning

	Subjects	Text References
1	1 Notion of firm and business administration.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 1
2	2 Basic principles of governance: progress, unity, autonomy, profitability, solvency, notions of effectiveness, efficiency and business risk.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 2
3	3 Relationship between profitability and solvency	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 3
4	4 Basic principles of governance in different kind of firms	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 4
5	5 Business success.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 5
6	6 The organization: organizational structures, power, leadership, and operational mechanisms.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 8
7	7 Unity of governance and plurality of legal entities: the corporate groups.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte prima, cap. 9 (escluso par. 9.5)
8	8 The control of profitability and solvency and its tools: the financial statements.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 1
9	9 The limitations of the net income: uncertainty, arbitrariness, relativity.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 2 (escluso par. 2.2)
10	10 The usefulness of the financial statements for solvency and profitability analysis. The operating income and the net income.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 3
11	11 Endogenous and exogenous cash flows-: self-financing and the cash-flow statement	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 4
12	12 The budget	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 5
13	13 The business plan	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 6
14	14 The different notions of capital: equity, liquidation, and market capital. Business valuation methods.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte seconda, cap. 7
15	15 The determination of costs: cost configurations, direct costs and the allocation of indirect costs.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte terza, cap. 1 (esclusi parr. 1.4.4. e 1.5)
16	16 Fixed costs and variable costs: the profitability diagram.	Sorci C., Lezioni di Economia aziendale, Giuffrè, Milano, 2014 (seconda edizione), parte terza, cap. 2 (esclusi parr. 2.4 e 2.5)