Corporate Finance

Overview

Law and finance, capital structure, dividend policy, IPOs, corporate ownership.

Learning Objectives

To provide students with an understanding of corporate finance theory and financial policy.

Skills

1. Understand the nature of the firm from a contractual perspective.
2. Appreciate the role of agency costs and how these costs can be mitigated.
3. Calculate a firm's cost of capital and the value of a levered firm.
4. Determine a firm's optimal dividend policy.
5. Solve problems in teams.
6. Make intellectually coherent presentations.
7. Be able to construct and write research papers.

Assessment

Students must achieve an overall mark of 40% in the module to pass