LAW 694 - Legal Aspects of Corporate Finance

Spring Credits: 3 Kevin Haeberle Prerequisite(s): LAW 320 OR LAW 303

This course provides a survey of some of the more prominent advanced-level topics in corporate and securities law as seen through the lens of economics (namely, financial economics). Topics will likely include the efficient capital markets hypothesis, modern portfolio theory, the valuation of rights to future cash flows, the mechanics and economics of financial-instrument markets (with a focus on the stock market), and the role of stock prices in capital allocation and corporate governance. It will also take a finance and economics-based look at issues relating to shareholder voting and corporate takeovers. Notably, Legal Aspects of Corporate Finance involves only very basic mathematical formulas, and emphasizes intuitive and graphical understandings of economics and finance for lawyers rather than math. Students must have completed Business Associations or Corporations before enrolling in this course.