Course overview
The objective of the course is to gain an appreciation of the theoretical controversies surrounding corporate finance policies, leading to formulation of financing strategies. Topics include competing capital structure theories including financial distress and agency costs, optimal dividend policy and taxation, IPOs in equity markets, motives for convertibles and warrants, rationales for corporate diversification including internal capital markets and agency theory. In each topic we will focus on the real-world applications of corporate finance tools and theories to address issues commonly faced by corporate managers, investors, and entrepreneurs.
- Does Debt Policy Matter?
- How Much Should a Firm Borrow?
- The Pecking Order & Stulz (1990)
- Convertible Debt
- Dividend Policy
- Initial Public Offerings
- Executive Compensation
- Corporate Governance
- Internal Capital Markets
- Behavioural Corporate Finance
Course learning outcomes
- Ability to explain and interpret capital structure decision making, including costs and benefits, applying theoretical theories in practice
- Ability to critically review and interpret corporate policy decision making, including leading, convertibles, IPOs, and Dividend Policy
- Ability to critique and recommend alternatives for executive compensation and corporate governance, its importance, and implications
- Demonstrate a thorough understanding of ICM and Behavioural Finance, implications in practice
- Critically evaluate theoretical research in corporate finance
Availability
Class details
Adelaide City Campus West
Group 1
Class number 23080
Section SE02
Size 42
Available 14
Class number 31606
Section SE03
Size 35
Available 32
Class details
Adelaide City Campus West
Group 1
Class number 53122
Section SE02
Size 35
Available 35
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