Learning Outcomes:
On completing this module students will be expected to be able to: - Explain theory on capital structure, dividend policy and agency issues, and the extent to which it holds in reality.- Apply the techniques associated with capital budgeting, such as calculating an appropriate cost of capital, in a real-world setting. - Critically appraise the extent to which agency issues and corporate governance affect corporate financing and investment decisions.- Describe the various approaches used by firms to raise finance and demonstrate an understanding of the benefits of the various sources of finance.