Essentials of Corporate Financial Management podcasts have been recorded by Kevin Boakes of Kingston University. These podcasts accompany the textbooks Essentials of Corporate Financial Management and Corporate Financial Management by Glen Arnold, which are published by Pearson Education.
Dividend Policy - dividends as a signal and innovative trading of dividends
6:51Kevin 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).
Dividend Policy - the impact of dividends on share price
5:00Kevin 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).
Capital Structure - financial distress
5:38Kevin examines the issue of financial distress. He examines this topic with the example of Eurotunnel plc
Capital Structure - gearing and why debt finance is cheaper
8:04Kevin 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.
Share valuation techniques
6:59Kevin 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.
9:01Kevin 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.
The weighted average cost of capital
6:10Kevin considers the weighted average cost of capital
The Cost of Capital
5:58Kevin considers the cost of capital
Northern Rock, Convertibles and Syndicated loans
7:48Kevin presents a brief update on Northern Rock and then continues with his discussion on the bond markets
Crisis in the UK Money Markets
8:22You 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.