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Corporate Financial Policy (FNCE90018)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Semester 2
Overview
Availability | Semester 1 Semester 2 |
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Fees | Look up fees |
This subject extends the analysis of capital budgeting, capital structure, dividend policy and corporate risk management provided in 333-641 Financial Management or 333-692 Financial Decision Making. Topics include the effect of the dividend imputation system of taxation on dividend policy, capital structure and capital budgeting; a comprehensive analysis of corporate structure and capital budgeting; a comprehensive analysis of corporate acquisitions and restructuring; a detailed examination of alternative funding mechanisms including leases; and a discussion of current issues in Australia corporate finance.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Recognise the issues pertinent to a firm in making decisions about dividend policy;
- Analyse leasing as a funding alternative;
- Explain the funding alternatives available to firms;
- Discuss the impact of taxes, bankruptcy costs, agency costs and information asymmetries upon the funding decision;
- Apply complex techniques to capital budgeting decisions in order to account for projects with different lives;
- Evaluate the economic consequences of takeover activity.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- Oral communication
- Written communication
- Collaborative learning
- Problem solving
- Team work
- Statistical reasoning
- Application of theory to practice
- Interpretation and analysis
- Critical thinking
- Synthesis of data and other information
- Evaluation of data and other information
- Using computer software
- Accessing data and other information from a range of sources
Last updated: 3 November 2022