SS10 Corporate Finance: Corporate Governance, Capital Budgeting and Cost of Capital This study session provides an introduction to corporate governance and corporate
investing and financing decisions. The first reading provides a framework for understanding
and analyzing corporate governance and stakeholder management. The
reading also provides an introduction to environmental and social considerations in
investing. The second reading covers capital budgeting. Capital budgeting is the process
of making decisions about which long-term projects the corporation should accept for
investment. The final reading introduces how to estimate a company’s cost of capital.
Reading 34 Corporate Governance and ESG: An Introduction（new） Reading 35 Capital Budgeting Reading 36 Cost of Capital
SS11 Leverage, Dividends and Share Repurchases and Working Capital Management This study session covers how companies measure leverage, distribute earnings, and
manage working capital. The first reading discusses the various forms and measures
of leverage and how leverage affects a company’s earnings and financial ratios. The
second reading provides an introduction to earnings distribution policies, including
dividends and share repurchases. The final reading discusses short-term liquidity and
working capital management.
Reading 37 Measures of Leverage Reading 38 Dividends and Share Repurchases: Basics Reading 39 Working Capital Management