LAW-2620 Corporate Finance
This course will explore the legal implications of corporate financing and acquisition decisions. The course has three main components: (1) a brief introduction to basic financial economic concepts; (2) legal rights, duties and relationships between the holders of senior securities (debt, preferred stock, and convertible securities), common equity holders, and corporate directors and managers; and (3) mergers, acquisitions and other change of control transactions. Unlike a business school course on corporate finance, this course focuses on the legal dimensions of corporate financial decisions. An effort will be made, however, to understand the economic and financial rationale underlying corporate law principles in this area. No prior familiarity with finance will be assumed. Assessments: A mid-term exam, administered at school, and focused on financial economic concepts, will account for 20% of the final grade. A take-home final exam covering the entire course will account for the remaining 80% of the grade.
Prerequisite
LAW-2136