Warning! The directory is not yet complete and will be amended until the beginning of the term.
040645 EK KFK CF: Financial Policy (E) (2008W)
Continuous assessment of course work
Labels
Voraussetzung ist der positive Abschluss von Principles of Finance. Das wird kontrolliert!
Der gleichzeitige Besuch des VK wird empfohlen.
Der gleichzeitige Besuch des VK wird empfohlen.
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first serve).
- Registration is open from Mo 01.09.2008 09:00 to Su 21.09.2008 23:59
- Registration is open from Fr 26.09.2008 09:00 to Tu 14.10.2008 23:59
- Deregistration possible until Tu 14.10.2008 23:59
Details
max. 200 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Thursday
02.10.
18:00 - 20:00
Hörsaal 8
Tuesday
07.10.
18:00 - 20:00
Hörsaal 8
Thursday
09.10.
18:00 - 20:00
Hörsaal 8
Tuesday
14.10.
18:00 - 20:00
Hörsaal 8
Thursday
16.10.
18:00 - 20:00
Hörsaal 8
Tuesday
21.10.
18:00 - 20:00
Hörsaal 8
Thursday
23.10.
18:00 - 20:00
Hörsaal 8
Tuesday
28.10.
18:00 - 20:00
Hörsaal 8
Thursday
30.10.
18:00 - 20:00
Hörsaal 8
Tuesday
04.11.
18:00 - 20:00
Hörsaal 8
Thursday
06.11.
18:00 - 20:00
Hörsaal 8
Tuesday
11.11.
18:00 - 20:00
Hörsaal 8
Thursday
13.11.
18:00 - 20:00
Hörsaal 8
Tuesday
18.11.
16:00 - 18:00
Hörsaal 9
Thursday
20.11.
18:00 - 20:00
Großer Hörsaal 2
Information
Aims, contents and method of the course
Assessment and permitted materials
Minimum requirements and assessment criteria
To provide a conceptual framework, within which dividend policy, capital structure and corporate risk management can be analysed.
o What are the real tradeoffs when choosing a dividend policy and/or a capital structure?
o What are some of the fallacies when evaluating dividend and capital structure policy?
o What are the most important theories?
o What are the real tradeoffs when choosing a dividend policy and/or a capital structure?
o What are some of the fallacies when evaluating dividend and capital structure policy?
o What are the most important theories?
Examination topics
Reading list
Mark Grinblatt and Sheridan Titman, Financial Markets and Corporate Strategy, McGraw Hill, 1998, 2nd edition.Brealy and Myers, Principles of Corporate Finance, McGraw Hill, 2002, 7th edition.
Association in the course directory
Last modified: Mo 07.09.2020 15:29
o Irrelevance of dividend policy in perfect capital markets
o Dividends and taxes
o Dividends and transactions costs
o Dividends and asymmetric information
Part II.: Capital Structure
o Irrelevance of capital structure in perfect capital markets
o Capital structure and taxes
o Capital structure and asymmetric information
+ Signalling
+ Conflicts of interest between equityholders and bondholders
+ Conflicts of interest between managers and the corporation
o Capital structure and bankruptcy
o Recent advances in capital structure theory
Part III.: Risk Management
o Risk management and corporate strategy
o The practice of hedging
o Interest rate risk management