Online Courses Handbook 2003

13318 (v.2) Finance (Market for Corporate Control) 511

Area:	School of Economics and Finance
Contact Hours:	3.0
Credits:	25.0
Seminar:	1 x 3 Hours Weekly
Prerequisite(s):	11948 (v.2) Finance (Managerial) 512 or any previous version
Examination of the motives and incentives for mergers, acquisitions and takeovers. Measuring security price performance. The causes and consequences of takeovers. Corporate raiders. Corporate governance through proxy contests. The effects of share marketrepurchases versus cash dividends as forms of corporate payouts. Anti-takeover defence mechanisms. Executive compensations structures, ownership and firm performance.