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 leases, pecking order theory and timing models; dividend policy; convertible securities and executive compensation; initial public offerings; internal capital markets and diversification.
Course learning outcomes
- Make and interpret conceptual models and arguments in corporate finance
- Identify the model appropriate for structuring a given financial problem
- Evaluate the data requirements of a chosen model
- Explain how outputs are sensitive to changed data or assumptions
- Interpreting the results consistent with the model structure