Module Identifier AC30520  
Academic Year 2004/2005  
Co-ordinator Mr Samir Agnaou  
Semester Semester 2  
Pre-Requisite AC30420  
Course delivery Lecture   18 Hours  
  Seminars / Tutorials   5 Hours  
Assessment TypeAssessment Length/DetailsProportion
Semester Exam2 Hours  80%
Semester Assessment 2,000 word essay20%
Supplementary Exam2 Hours  100%

Learning outcomes

Having completed the module, students will be able to:


The aim of this module is to provide a detailed treatment of the following issues, as faced by the directors and mangers of firms:

This will be approached by consideration of context in which decisions upon these issues are made; presentation and anlysis of the debates which have surrounded (and continue to surround) them; recourse to the associated theoretic and empirial academic literature; and destruction of the idea of a set of discrete, simple solutions.

Brief description

This module is designed to provide a thorough treatment of the key financial decisions which are faced by the directors and managers of firms.


Introduction to corporate finance (including agency and signalling theories)
Relevant aspects of corporate taxation
Capital structure
Dividend policy
Leasing policy
Capital markets

Reading Lists

** Recommended Text
Brealey, R.A. and Myers, S.C. (2002) Principles of Corporate Finance, 7th. (International edition), or 6th edition, McGraw Hill
Ross, S.A., Westerfield, R.W. and Jaffe, J. (2001) Corporate Finance, 6th edition. (International Edition, Revised Printing), McGraw Hill
** Supplementary Text
Emery, D.R. and Finnerty, J.D. (1997) Corporate Financial Management, Internat. Prentice Hall


This module is at CQFW Level 6