UMass Boston

Seminar in Corporate Finance

Course #: BUSADM 732, Class #: 4426, Section #: 01

Description

This is an advanced course in corporate finance. The objective of this course is to gain a working understanding firm's contractual nature. The course begins with the classic Modigliani/Miller arguments, focus on the implications of violations of MM assumptions and then study the traditional corporate finance issues, including financial distress, corporate payout policy, and the capital acquisition process. In this course we will also review some topics that have become prominent in the literature in recent years: interactions between product and capital markets, corporate governance/control, special issues in governance/control raised by international differences, and finally, internal capital markets and the logic of diversification.