2023/24 Taught Postgraduate Module Catalogue

LAW5556M Corporate Finance and Securities Law

15 creditsClass Size: 216

Module manager: Andy Campbell
Email: A.Campbell@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2023/24

Pre-requisite qualifications

Enrolling in LAW5550M Corporate Law, particularly for those without prior exposure to the subject in a common law jurisdiction, is strongly recommended. The module provides a thorough introduction to fundamental corporate law concepts, which will only be briefly covered during the LAW5556 Corporate Finance and Securities Law to address module topics effectively. However, having a more robust understanding of corporate law principles in the UK is likely to enhance your learning experience and overall comprehension of the material covered in the module.

Module replaces

LAW5555M Advanced Corporate Law

This module is not approved as an Elective

Module summary

This module will analyse how the law affects the financing options of the corporation. The limited company is a predominant business model in the modern economy because of its facility in raising finance while coordinating conflicts among its varied stakeholders. A better understanding of how companies can raise money and these procedures are regulated is central to understanding their role and governance. The module will introduce core elements of the modern corporation, such as limited liability and transferable shares, and capital structure theories. We will then evaluate the rules applicable to when a company raises equity or debt capital before covering securities regulation and market misconduct. The module will also consider the legal issues associated with market misconduct, takeovers, and private equity, before concluding by analysing new trends in digital and sustainable finance. The module’s primary focus is on UK law and regulation. Nevertheless, it will also draw on other relevant jurisdictions, such as the EU and US. The module aims to lead students to possess advanced and critical knowledge of corporate finance law and securities regulation.

Objectives

The module aims to:
- lead students to an advanced knowledge of corporate law, focusing on corporate finance law and securities regulations;
- develop students critical knowledge on securities, market regulation and its objectives;
- provide advanced instructions in specific aspects of securities market regulation and corporate finance law.

Learning outcomes
On completion of this course, you should be able to:
• understand the purpose of essential legal elements related to corporate finance;
• the rationale behind the laws governing how companies raise finance;
• navigate contemporary issues in securities regulation, market misconduct, and sustainable finance;
• evaluate the appropriateness and effectiveness of existing corporate finance laws and regulations critically;
• deliver a substantial piece of academic research reflecting some of the above objectives.

Syllabus

Capital Structure
Equity Finance
Legal Capital
Debt Finance
Public Offers of Shares
Securities Regulation
Mandatory Disclosure
Market Misconduct
Takeovers
Private Equity
Digital Finance
Sustainable Finance

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	8	1.00	8.00
Seminar	5	1.50	7.50
Private study hours			134.50
Total Contact hours			15.50
Total hours (100hr per 10 credits)			150.00

Opportunities for Formative Feedback

A formative assessment opportunity will be provided.

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
Essay	1 x 3,000 words	100.00
Total percentage (Assessment Coursework)		100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

There is no reading list for this module

Last updated: 06/10/2023 09:27:52

Disclaimer

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