This course is designed to familiarize law students with the foundations and most recent developments in the theory and application of corporate finance. We will explore several topics, including: the theory of present discounted value, stock valuation (i.e., discounted net cash flow analysis), bond valuation, capital budgeting and other valuation techniques; the theory and evidence for and against the efficient capital market hypothesis and the counter-hypothesis of behavioral finance theory; risk, return, the capital asset pricing model and arbitrage pricing theory; the firm's investment and financing decisions, including security issuance, the law and economics of dividend policy and share repurchases; optimal capital structure; comparative corporate law; the role of classical finance theory in legal decisions; option theory; and the causes and consequences of corporate mergers and acquisitions.

Professor Beny

Class Details

Professor Days Meeting Times Room Footnotes Degree Reqs. Fulfilled
Laura Nyantung Beny
  • Mo
  • Tu
  • Th
  • -
  • -
  • -
138
Hutchins Hall
138
Hutchins Hall
138
Hutchins Hall
-