This course focuses on the analysis of financial problems confronting a corporate financial manager, a theme begun in the introductory Finance course. The main objective of this course is to help students develop further understanding of current theories and their implications for solving financial problems. The main topics covered include shareholder value maximization and managing of corporate growth, corporate capital investments, capital structure policy, corporate payout policy, real options, investment banking and capital raising, mergers and acquisitions, working capital management. Throughout the course, we will study the typical issues that corporations face in making investment and financing decisions with an emphasis on valuation. Research results from recent empirical work, case studies, and their implications for corporations will also be discussed.
By the end of the course, students will be able to: