Corporate Finance 2
Queen Mary, University of London
Area of Study
Business Administration, Finance
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units6
Hours & Credits
This module is part of a two-module sequence that studies how firms make their investment decisions and design their capital structure. This second part deals with issues of capital structure, mergers and acquisitions, and looks at topics of capital structure and asymmetric information and corporate governance. Topics covered include: the Modigliani-Miller theorems, optimal debt/equity mix with taxes and costly bankruptcy, bankruptcy costs and debtholder-equityholder conflicts, managerial incentives, basic credit rationing models with asymmetric information, optimal capital structure and agency costs, the information conveyed by financial decisions, and corporate governance models. Prerequisite: ECN371
Assessment: 20.0% Coursework, 80.0% Examination
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