Corporate Financial Policy

Course Code
FIN 721
Hours
2.25 hours
Type
Elective
Offered
  • Fall 22 (A)
Prerequisites
(Evening MBA or Online MBA student) and (no credit in FIN 621)

Corporate Financial Policy --- This course is about "corporations" and "finance". Thus, the main goal of the course is to understand how corporations should design their financial policies to maximize shareholder value, and how financial policies interact with competitors' strategies and government regulations. The course starts with some conceptual background on frictionless financial markets, and then proceeds with the design of optimal leverage, capital issuance, cash holdings, dividend payouts, share buybacks, and hedging policies. At the end of this course, students should be well equipped to design policies to raise funds for a business.

Taught By
Amiyatosh Purnanandam
  • Michael Stark Professor of Finance
Amiyatosh's research covers a wide range of topics in banking, real estate, corporate finance and credit risk. His recent research work is mostly...