Frontiers in Corporate Finance for Latin
American Executives
Increasing Corporate Value
Through Financial Risk Management
Prof. Ian Giddy
New York University
How can Latin American corporations and their bankers increase shareholder
value by better management of the amount and kind of debt they have, and
by using derivatives appropriately?
Selected Readings:
Schedule and Case Study Assignments
Increasing Corporate Value
Through Financial Risk Management
Stern School of Business
New York University |  |
| Topic | Remarks |
|
-
The Emerging Market Crisis: Corporate Financial Bets that Destroyed Value
-
Increasing Value, Part I: Managing Financial Leverage
| Discussion of Sammi Steel and TPI cases |
| Lunch |
|
|
-
Increasing Value, Part II: Managing Financial Market Risks
-
Conclusion: A Roadmap for Corporate Value Improvement
| Discussion of Frutas Amazonas, Pesces and Ban Pu cases |
Case Study: Xerox
Assignment: How should this company finance itself for future survival
and growth?
Case Study: Thai
Petrochemical Industry
Assignment: TPI, the heavily indebted Thai company, is under pressure
to recapitalize. Having completed a restructuring of its debt, the company
plans to reduce its debt/equity ratio to below 0.5 by the end of 2000.
How can this be done? What method should it use to ensure the company's
long run survival? What can be learned from the way Siam
Commercial Bank has approached its refinancing?
Case Study: Frutas
Amazonas
Assignment: How should this Peruvian company finance its exports to
Spain? Should the debt be hedged?
Case Study: Exportadores
Pesces de Concepcion
Assignment: In what currency should Chile's salmon exporters finance
their exports to Japan? Pesos? Yen? Dollars? Krone?
Case Study: Ban Pu Coal
Company and Exhibits
Assignment: How much debt should this Thai company have? What is the
recommended maturity, interest contract, and currency to finance Ban Pu’s
Mai Moh project and future expansion?
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