|Canadian corporations utilize increasingly sophisticated financing
structures and instruments - things they never told you about in law school.
This unique primer helps explain some of the foundational finance principles
that underlie the recent explosion in corporate financial technology - all
within the legal context so crucial for the busy practitioner. Topics covered
Let this introduction to corporate finance principles help you
get a competitive edge in the practice of corporate finance law.
- The "Pooling" v. "Purchase" accounting controversy
- Financial derivatives such as swaps, options, futures and
forwards and the recent policy initiatives by the OSC with respect to
over-the-counter derivatives and debt-like derivatives
- Economic theory such as Efficient Market Theory, the
Modigliani-Miller Theorem and the Capital Asset Pricing Model (CAPM)
- Simple bond and share valuation, NPV (Net Present Value) and
IRR (Internal Rate of Return)
- The role of Canadian financial institutions, including a
concise summary of key features of Bill C-38, as well as a discussion of the
forces underlying global consolidation in the financial industry and the recent
failed Canadian bank mergers
- The role of securities exchanges including Canadian stock
exchange restructuring and the April 2000 demutualization of the TSE.
Written by Christopher C. Nicholls. Published by Carswell, 2001.