Corporate Financial Strategy - MAN00088M
Module will run
| Occurrence | Teaching period |
|---|---|
| A | Online Teaching Period 2 2023-24 |
| B | Online Teaching Period 6 2023-24 |
Module aims
This module develops both theoretical and practical knowledge in the area of corporate financial management. Topics to be discussed are:
- Different forms of corporate financing
- Agency theory
- Financial governance including the ethical implications of financial strategy
- Mergers, acquisitions, and restructuring
- Financial strategies from start-up to growth
- Financial strategies from growth to maturity to decline
- Financial strategies in mergers and acquisitions.
Module learning outcomes
Academic and graduate skills
Successful completion of the module will demonstrate that students are able to:
- Explain a range of theoretical perspectives underpinning financial practice
- Apply the several corporate finance models and theories to evaluate the operating environment
- Consider the ethical implications of financial strategy
- Analyse the role of finance theory in the determination of corporate behaviour and strategy
- Appreciate the nature and purpose of financial planning techniques
- Apply and critically evaluate different financial strategies
- Evaluate several perspectives that challenge conventional opinions about the role of financial strategy in market economies.
Indicative assessment
| Task | % of module mark |
|---|---|
| Essay/coursework | 100 |
Special assessment rules
None
Indicative reassessment
| Task | % of module mark |
|---|---|
| Essay/coursework | 100 |
Module feedback
Students will receive regular feedback on formative weekly activities and on the formative assessment. They will also receive a feedback sheet with detailed comments on the summative assessment explaining how they performed in relation to the assessment criteria. Turnaround time for summative assessment is 4 weeks. At the end of term, the module leader will develop a report about the module and the students’ performance which, once approved by the Board of Exams, will be uploaded onto VLE and made accessible to students.
Indicative reading
Essential reading:
Davies,T.,Crawford,I. (2014). Corporate Finance and Financial Strategy: Optimising corporate and shareholder value, Pearson, (Print and Electronic) .
Further reading:
Koller, T., Goedhart, M., and Wessels, D. (2010). Valuation: Measuring and Managing the Value of Companies, University Edition, John Wiley & Sons, 5th edition.