Curriculum Guide · Courses

Professor Omarova

J.D. Course 114 (cross-listed) | 3 credit hours

This course examines key legal aspects of corporate financing decisions. It starts by introducing students to fundamental principles of financial accounting and valuation. This part of the course covers the basics of financial statements and financial ratios, discounted cash flow analysis, and capital asset pricing model. The course then moves to a legal analysis of the rights and claims that attach to different types of financial instruments used by corporations to raise capital: common stock, preferred stock, and corporate debt. This part of the course covers a variety of topics, including dilution of common stockholders’ interests, the conflict-of-interest dynamics between bondholders and stockholders, rules governing dividends and distributions, and optionality and convertibility of financial instruments.

Prerequisite: Corporations. Recommended: Prior or concurrent enrollment in Accounting for Lawyers or a similar accounting course.