Capital market participants around the world are increasingly focusing on ESG (environmental, social, and governance) issues to manage risks and capitalize on new opportunities. This course provides a conceptual and theoretical framework of how ESG issues affect corporations, investors, governments, NGOs, society, and other stakeholders. The goal is to critically assess the motivations and actions of the various agents regarding ESG policies as well as the resulting consequences. This course will be useful for a wide range of finance (and other) professions. Prerequisite: FIN 301.
Types of securities and basic methods of valuation. Valuation and selection of physical and intellectual assets. Operation of asset markets and market efficiency. Risk measures and risk reduction methods. Financing policy, including choices between debt and equity financing. Note: Students are expected to have basic familiarity with microcomputer applications. Prerequisite: STAT 151, SCI 151 or equivalent. Pre- or corequisite: MGTSC 312, ACCTG 300 or 311.