Corporate Financial Policy

Course Code
FIN 621
Hours
2.25 hours
Type
Elective
Offered
  • Fall 18 (B)
  • Fall 19 (B)
  • Winter 18 (A)
Prerequisites
No credit in FIN 616

Corporate Financial Policy --- This is an advanced corporate finance course with an emphasis on debt and equity management, security issuance, and distribution policy. Topics include descriptions of types of debt and equity, tradeoffs in the choice of an optimal capital structure; the role of capital structure in competitive strategy; the design of capital structure and securities to control information problems and limit conflicts of interest between different classes of security holders; procedures and costs of issuing securities including initial public offerings, and the determinants of optimal payout policy. The course is intended for those with career objectives in financial management, the corporate finance aspects of investment banking, or general management.

Taught By
Amiyatosh Purnanandam
  • Michael Stark Professor of Finance
  • Chair 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...