Essentials Of Corporate Financial Management By Glen Arnold - Podcasts

Kevin concludes the topic of dividend policy. It compares two recent The Financial Times articles on the payment of dividends. The first looks at an increase in dividends at Lloyds TSB (The Financial Times 31 July 2007). The second looks at the use of innovative trading of dividends by Investment Banks (The Financial Times 11 July 2007).

Kevin introduces the topic of Dividend Policy. It examines the impact of dividends on the share price. It features a recent article on dividend payments by AIM companies (The Financial Times 4 Oct 2007).

Kevin examines the issue of financial distress. He examines this topic with the example of Eurotunnel plc

Kevin looks at the topic of capital structure. In this episode we see why debt finance is normally much cheaper for companies than the alternative of issuing equity finance. We also examine various measures of gearing.

Kevin introduces the dividend valuation model. This is the key technique used for company valuations. We see how this can be used to place a value on the shares in the Pearson Group.

Kevin talks about share valuations. This podcast considers share valuation in the light of a number of current news stories including that of Northern Rock, who's shares have peaked and troughed recently.

Kevin considers the weighted average cost of capital

Kevin considers the cost of capital

Kevin presents a brief update on Northern Rock and then continues with his discussion on the bond markets

You might have seen discussion in the papers/TV/radio of the current problems in the UK money markets. This is a great topic to cover as it relates well to a number of previous markets that Kevin has covered in this series.

This podcast sets out the key characteristics of bond instruments. It also defines convenants and suggests two useful self-review questions from the textbook.

This podcats introduces Debt Finance by looking at the problems in the subprime market in the US. This is clearly a current issue of great importance for Financial Markets. Kevin also looks at an article from the FT on the impact on UK Banks.

Kevin walks the listener through how to read the financial pages of the FT, specifically talking about the role of figures in the financial pages.

Kevin looks at the London Stock Exchange

Kevin discusses preference shares

Kevin introduces the Equity Market

Kevin examines the efficient market hypothesis

Kevin sets out the new issue process

Kevin looks at Diversification, Unsystematic Risk ,Systematic Risk