ECON 454

Theory of Corporate Finance

Units: 1.5, Hours: 3-0

Corporate finance is the study of how firms attract capital to finance their operations. Surveys some corporate finance topics that are of particular interest to economists. Topics may include the determinants of capital structure, dividend policy, capital budgeting, the relation between firm finance and product market behaviour, contracting and firm incentives, the role of financial intermediaries, and mergers and takeovers.

Prerequisites: 313; one of: A- in 305; COM 240; permission of the department; 305 recommended.

Corequisites:

Corequisites:

Pre- or corequisites: 225.

Undergraduate course in Economics offered by the Department of Economics in the Faculty of Social Sciences.