Course overview
This course looks at theoretical issues in corporate finance and their practical application. Topics include capital structure and the preferences for debt or equity as suggested by agency models, including pecking order theory and timing models; dividend policy; convertible securities and executive compensation; initial public offerings; internal capital markets and diversification.
Course learning outcomes
- Critically evaluate theoretical research in corporate finance
- Explain the implications of theory for practical financial and risk management
- Compare various models of investment decision making under uncertainty
- Investigate the impact of alternative financing proposals that a firm may face in both the short and long term and argue recommendations