Section 001, Fall 2019
Section Description Provided by Instructor
Prerequisite or co-requisite: General familiarity with corporate structure (through Law L6231 Corporations, or otherwise). The purpose of the prerequisite/corequisite requirement is to be sure that sure that everyone in the course is generally familiar with business and economic concepts and vocabulary. A student may have obtained such a background in some other way than taking a Corporations course at the Law School, for example from a work experience or from having taken some relevant undergraduate or graduate courses. In case of doubt the student should consult the professor.
This is a course in financial economics as applied to legal problems. Topics include economics of valuation (including consideration of risk and return and the capital asset pricing model), the efficient market hypothesis (theories, evidence and limits), event studies, option theory, dividends and share repurchases, debt and leverage, and the theory of the firm. For potential transactional lawyers, the course is useful for understanding why financial transactions are structured the way they are. For potential litigators, the course is useful for understanding how finance theory is shaping modern corporate and securities law as well as the techniques used by expert witnesses in cases involving such law.
NOTE: Students cannot receive degree credit for both L6232 Corporate Finance and for the Business School Corporate Finance or Advanced Corporate Finance courses.
TR 2:50 pm-4:10 pm
Method of Evaluation
J.D. Writing Credit
Disclaimer: This is the textbook information that has been entered as of today.
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Students who register for this class must have some basic literacy in business matters. Those who do not must have already taken Corporations in a previous semester or will be taking Corporations concurrently.
Students cannot receive degree credit for both L6232 Corporate Finance and for the Business School Corporate Finance or Advanced Corporate Finance courses.
Learning Outcome Goals
Section 001, Spring 2020
MW 10:40 am-12:00 pm
Edward R. Morrison