Course content
In this course description we are using the terms “The Limited Liability Companies Act” and “The Public Limited Liability Companies Act” to refer to “Lov om aksjeselskaper (aksjeloven, asl.)” and “Lov om allmennaksjeselskaper (allmennaksjeloven, asal.)”, respectively. Collectively we are referring to aksjeloven and allmennaksjeloven as “The Limited Liability Companies Acts”.
Corporate Law
1. The principle of duty to make profit in the Limited Liability Companies Acts, emphasizing the tradeoff between Corporate Social Responsibility (CSR) and the principle of duty to make profit.
2. Equity
Share capital/equity
The Limited Liability Companies Acts § 3-4 og § 3-5
The Limited Liability Companies Acts § 3-6
Overview of the regulations that aims to protect the companies’ capital
3. Holding companies and intra group transactions
The definition of a holding company in the Limited Liability Corporation Acts, ref. The Limited Liability Companies Acts § 1-3
Intra-group transactions, ref. The Limited Liability Companies Acts § 3-9
The Limited Liability Companies Acts § 8-7, § 8-8, § 8-9 og § 8-11
ref. The Limited Liability Companies Acts § 6-28 og § 5-21 and the articles of association
4. Minority squeeze outs and valuation of minority interests
5. Cash dividends
6. Shareholder Loan Agreements
7. Stock repurchases
8. Writing down the book value of common equity
9. Mergers and demergers
11. Company dissolution
12. Important considerations when choosing organizational form
Corporate Finance
- Value and Capital Budgeting
- Discounted Cash Flow Valuation
- Net Present Value
- Making Investment Decisions
- Risk and Return
- Returns
- Measuring risk
- The Capital Asset Pricing Model
- Risk and Cost of Capital
- Capital Structure
- Introduction to Long Term Financing
- Capital Structure and Corporate Value
- Limits to the Use of Debt
- Corporate Valuation
- Options