10821 (v.3) Finance (Market for Corporate Control) 311

Area:

School of Economics and Finance

Credits:

25.0

Contact Hours:

3.0

Seminar:

1 x 3 Hours Weekly

Prerequisite(s):

    2807 (v.5) Finance (Managerial) 212 or any previous version
    OR
    12607 (v.3) Finance (Principles) 215 or any previous version

Syllabus:

Forms of corporate restructuring, theory of the firm and corporate activity, corporate finance framework and control, mergers and divestitures, restructuring - joint ventures, leveraged buy-outs, and corporate control - share repurchases, takeover defences.

Unit Outcomes:

On successful completion of this unit students will have - Demonstrated knowledge of what drives the market for corporate control, including takeovers, mergers, spin-offs, reorganisations, proxy fights and other corporate manoeuvres. Understanding of themotivation, rational, reasons and other issues that drive the players in the market to undertake mergers and takeovers of the topical events studied.

Text and references listed above are for your information only and current as of September 30, 2003. Please check with the unit coordinator for up-to-date information.

Unit References:

No prescribed references.

Unit Texts:

Weston, J.F., Siu, J.A and Johnson, B.A. Takeovers, Restructuring and Corporate Governance. (third edition).

Unit Assessment Breakdown:

Class participation 10%, Presentation 30%, Final Examination 60%. This is done by grade/mark assessment.

Year	Location	Period	Internal	Area External	Central External
2004	Bentley Campus	Semester 1	Y		Y