|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
This subject examines the unique institutional, governance and transparency issues affecting corporate valuations in emerging markets. Through lectures, case discussions and the students' real-time analysis of an emerging market firm, this condensed course is structured for students to gain a deeper understanding of the economic pressures behind the value creation, value destruction and valuation process in emerging economies. The course focuses on critically interpreting financial and non-financial information for purposes of assessing firm fundamentals and corporate governance risk in the presence of weak legal systems, strong political forces, limited investor protections, limited market development, strong macro-economic forces, opacity and resultant business arrangements.
Intended learning outcomes
Describe contemporary governance and reporting issues affecting emerging markets
On successful completion of this subject, students should have improved the following generic skills:
- Oral communication and presentation skills;
- Synthesis of information;
- Problem identification and analysis;
- Critical thinking;
- Accessing information and evidence from a range of sources.