Czech

5

Not applicable.

The output of the study is to deepen the existing knowledge of the company's entry into international capital markets. By completing the subject, the students will acquire the knowledge needed to decide on the entrance of the company into local and international capital markets, both from the investor and from the issuer of the securities. Emphasis will be put on the procedural aspect of preparing the enterprise for entry to the capital market, the stage of implementation and ex-post evaluation of the effects of public credibility of securities on the company.

Macroeconomics I, Financial Market.

Not applicable.

The course is taught in the form of lectures, which have the character of interpretation of basic principles and theory of given discipline. Exercise is focused on the practical handling of the material discussed at the lectures.

Students will get a credit if they receive at least 10 points out of 20 possible points awarded for processing partial tasks in exercises. The form of the exam is written, and the teacher reserves the right to the oral examination. The maximum number of points in the review is 80 points, and the student must earn at least 40 points. To complete the assessment of the subject, the scores from the exercise and the exam are added up.

Learning outcomes of the course unit The aim of the subject is to deepen the knowledge in the area of ​​the company's entry into international capital markets. By completing the issue, the students will acquire the necessary expertise to decide on the entrance of the company into local and international capital markets, both from the investor and from the issuer of the securities. Emphasis will be put on the procedural aspect of preparing the enterprise for entry to the capital market, the stage of implementation and ex-post evaluation of the effects of public credibility of securities on the company.
1. Definition of international capital markets, participants, their objectives and instruments.
2. Legislation and institutional framework of international capital markets.
3. Investment strategies.
4. Investments on international capital markets.
5. Trading in stocks and bonds on international capital markets.
6. Contemporary approaches to investment decision making.
7. Portfolio theory - overcoming topic (?).
8. Portfolio performance on international capital markets.
9. Alternative investment strategies and ethics in financial markets.
10. Forms of financing investment projects.
11. IPO - the motivation, emission methods, participants.
12. IPO - the process of IPO implementation, emissions pricing methods, possible impacts.
13. Empirical research - enterprise and capital market (case studies).

Not applicable.

The aim of the course is to explain the principles of the operation of international capital markets. The secondary objective is to understand the context and interdependence of individual components of the capital market.

Not applicable.

Not applicable.

Not applicable.

VESELÁ, J. Investování na kapitálových trzích. 2. vyd. Praha: Wolters Kluwer ČR, 2011. ISBN 978-80-7357-647-9. (CS)
MELUZÍN, T. a M. ZINECKER. IPO – Prvotní veřejná nabídka akcií jako zdroj financování rozvoje podniku. 1. vyd. Brno: Computer Press, 2009. ISBN 978-80-251-2620-2. (CS)

MELUZÍN, T., M. ZINECKER a S. ŠKAPA. IPO Strategy - Specific Approaches in the CEE Region. Brno: VUTIUM, 2015. ISBN 978-80-214-5113-1. (CS)
MELUZÍN, T., M. ZINECKER a J. ŁAPIŃSKA. Initial public offering: theory and practice of Czech and Polish companies. Toruń: Polish Economic Society, Branch in Toruń, 2012. ISBN 978-83-62049-15-8. (CS)

13 hours, compulsory