Module Descriptors
CORPORATE FINANCE: RAISING FINANCE THROUGH SHARE ISSUES AND BORROWING
LAWS70795
Key Facts
Faculty of Business, Education and Law
Level 7
30 credits
Contact
Leader: Jaswinder Schofield
Email: J.K.Schofield@staffs.ac.uk
Hours of Study
Scheduled Learning and Teaching Activities: 20
Independent Study Hours: 280
Total Learning Hours: 300
Assessment
- ASSIGNMENT weighted at 20%
- ASSIGNMENT - SECOND ASSIGNMENT weighted at 30%
- ASSIGNMENT - THIRD ASSIGNMENT weighted at 20%
- ASSIGNMENT - FOURTH ASSIGNMENT weighted at 30%
Module Details
Module Indicative Content
Students are required to show an informed and at the same time critical understanding of the ways in which a company can raise finance in the UK by issuing shares.
1. Case Law and Statute.
2. Methods of Raising Finance e.g.subscripton, placing and an offer for sale.
3. The constitution/powers of The Stock Exchange, the UK Listing Authority (Financial Services Authority) and the Panel on Takeovers and Mergers. E.g. their requirements for a company listing on the stock exchange and operating within the market place.
4. Corporate Governance e.g. to provide protection to the public via rules relating to matters such as board constitution, remuneration of directors, accounting, taking on board shareholder views.
5. Control of Market Abuse and Insider Dealing: to prevent those with relevant knowledge and expertise from taking advantage for their own benefit and to prevent them from distorting the market place.
6. Different forms of finance available from Banks
7. Banks raising funds to lend to companies on the London Interbank Market
8. Key Documentation (Loan Agreement and Facility Letter)
1. Case Law and Statute.
2. Methods of Raising Finance e.g.subscripton, placing and an offer for sale.
3. The constitution/powers of The Stock Exchange, the UK Listing Authority (Financial Services Authority) and the Panel on Takeovers and Mergers. E.g. their requirements for a company listing on the stock exchange and operating within the market place.
4. Corporate Governance e.g. to provide protection to the public via rules relating to matters such as board constitution, remuneration of directors, accounting, taking on board shareholder views.
5. Control of Market Abuse and Insider Dealing: to prevent those with relevant knowledge and expertise from taking advantage for their own benefit and to prevent them from distorting the market place.
6. Different forms of finance available from Banks
7. Banks raising funds to lend to companies on the London Interbank Market
8. Key Documentation (Loan Agreement and Facility Letter)
Module Additional Assessment Details
Semester 1
Two assignments; one of 2000 words counting for 20% (assessing outcome1) and one of 3000words counting for 30% (assessing outcome 1 & 2)
Semester 2
Two assignments; one of 2000 words counting for 20% (assessing outcomes 1 & 3) and one of 3000 words counting for 30% (assessing outcome 4)
Two assignments; one of 2000 words counting for 20% (assessing outcome1) and one of 3000words counting for 30% (assessing outcome 1 & 2)
Semester 2
Two assignments; one of 2000 words counting for 20% (assessing outcomes 1 & 3) and one of 3000 words counting for 30% (assessing outcome 4)
Module Learning Strategies
This module will be strongly student centred. It will be delivered through a series of 10 x 2hour seminars supported by student research and personal study. Students will follow a set pattern contained in the module handbook.
Module Resources
Well stocked library
Computer facilities with internet access
Computer facilities with internet access
Module Texts
Shephard C, Public Companies & Equity Finance, 2005, College of Law Publishing
Mayson, French & Ryan, Company Law, 22nd Ed, 2005-2005, Oxford University Press
Gower and Davis, Principles of Modern Company Law, 7th Ed, Sweet & Maxwell
Adams D, Banking and Capital Markets, 2005, College of Law Publishing
Cranston R, Principles of Banking Law, 2nd Ed, Oxford University Press
Mayson, French & Ryan, Company Law, 22nd Ed, 2005-2005, Oxford University Press
Gower and Davis, Principles of Modern Company Law, 7th Ed, Sweet & Maxwell
Adams D, Banking and Capital Markets, 2005, College of Law Publishing
Cranston R, Principles of Banking Law, 2nd Ed, Oxford University Press