This is an advanced course in corporations that emphasizes their financial aspects. Students taking the course do not need a background in finance, since the course provides the groundwork of basic financial theory. The course is concerned with the advanced and detailed study of the legal problems in the issuance and reacquisition of shares; analysis of dividends and distributions; capital structures and corporate indebtedness; types of securities; and related security features of organizational changes (amendments, mergers, consolidations, sales of assets).
Grading and Method of Evaluation:
Letter grade only. Final exam.