Handbook

This subject provides students with an understanding of the decisions made by firms and other businesses when raising capital, making investments and rewarding their investors and other stakeholders. Students develop their abilities to model financial decisions and strategies. They learn the main ideas of financial logic and how to apply them practically and ethically. This understanding helps students to better articulate business strategies and the results of financial modelling, and limitations of rational finance models and how behavioural or ethical considerations often override narrow financial objectives and feedback from stakeholders. Moreover, the subject considers governance issues and challenges from the often-conflicting points of view of boards and directors, shareholders, other key stakeholder groups, governments and regulators, and the broader public, it will also investigate current debates around ethics and corporate social responsibility, sustainability, and the social license to operate.