Global Opportunities

ACC2007 : Responsible Corporate Finance

Semesters
Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0

Aims

This module aims for develop an understanding of responsible corporate finance by examining analytical frameworks for the knowledge of the firm's major financing decisions by considering the theoretical models that explain these decisions. The module also examines Finance and Professional Codes of Conduct & Ethics, using real world examples to highlight professional behaviours and the changing ESG environment that accountants and treasurers are now expected to operate in.

Outline Of Syllabus

1- Scope and nature of corporate finance
2- Valuation of debt and equity
3- Security and portfolio analysis
4- Capital market efficiency
5- Asset pricing models and their applications

6- Raising Capital: Debt and Equity
7- Risk Management: Options, FRA's and Futures
8- Capital structure
9- Dividend policy
10- Finance, ESG and Professional Codes of Conduct & Ethics

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture142:0028:0014 Present-In-Person Lectures. 7 per semester
Guided Independent StudyAssessment preparation and completion164:0064:00N/A
Guided Independent StudyDirected research and reading150:0050:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching61:006:006 Present-in-Person small group seminars. 3 per semester.
Scheduled Learning And Teaching ActivitiesDrop-in/surgery21:002:002 x 1 PiP hour Exam Q&A Drop In Sessions. 1 per semester, timetabled at end of each semester.
Guided Independent StudyIndependent study150:0050:00N/A
Total200:00
Teaching Rationale And Relationship

Lecture materials are designed to provide an introduction and exposition of key models, research and financial decisions

Private study enables students to develop this in more detail.

Scehduled contact time provides an opportunity for students to work individually and in groups to discuss reading and work through problem questions. Group sessions provide an opportunity for students to develop their problem solving skills

Assessment Methods

The format of resits will be determined by the Board of Examiners

Exams
Description Length Semester When Set Percentage Comment
Digital Examination1802A100N/A
Formative Assessments
Description Semester When Set Comment
Prob solv exercises1MPractice questions provided
Prob solv exercises2MPractice questions provided
Assessment Rationale And Relationship

The formal examination assesses the students' intended knowledge and skills outcomes as well as problem solving, numeracy and written communication skills.

For 2022/23 onwards it is the intention of the module team to move the Inspera digital exams platform for an in-person digital 3 hour closed book exam. Should this not be possible, the exam will remain as a written 3 hour closed book exam.

In the case of an alternative semester 2 assessment being necessary due to circumstances, the module leader will in the first instance consult with the DPD as to the requirements of the professional accrediting body to discuss possible acceptable alternatives. In 2020/21 this alternative was a 24 hour take home exam delivered online, and it is envisioned that if circumstances do not allow a present-in-person timed exam (digital or written) at the end of semester 2, and the professional body agrees, than this may well be an example of the type of alternative assessment which could be put in place.

Reading Lists

Timetable