At the end of the course, the student should be able to :
1. solve professional dilemmas using concepts of CSR and ethics;
2. generate sustainable solutions for organizations;
3. predict how business and economic cycles could affect organizational strategy;
4. employ state-of-the-art management techniques;
5. analyze how corporate governance and compensation incentives affect value creation for shareholders;
6. differentiate between business and financial risks and explain how they affect the firm’s performance;
7. explain how firms can structure their capital to finance their activities;
8. describe and apply the common techniques in working capital management;
9. evaluate various dividend payout policies and their impact on shareholders’ value.
This course examines several areas of corporate finance that directly affect value creation for shareholders. We will start with a discussion of the corporate governance system. Next, the significance of long term capital structure will be thoroughly explored in light of Modigliani and Miller’s fundemantal research. In a modern corporation a significant amount of money is tied up in working capital, the lectures will also examine short term financial policies. Finally, the course will discuss various dividend theories and policies in relation to their likely impact on the company’s share price.
