AP/ADMS 4541
Applied Corporate Finance
Fall 2026
Topics
- Cash management
- Inventory models
- Receivables and payables
- Trade credit and marketing
- Product pricing
- Capital budgeting
- Venture financing
- Empirical capital-structure research
Readings
- Highly recommended: John Zietlow, Matthew Hill and Terry Maness, Short-Term Financial Management, 6th ed. (Cognella, 2022).
- Fama and French (1998), “Taxes, Financing Decisions, and Firm Value,” Journal of Finance 53, 819–843.
- Fama and French (2002), “Testing Tradeoff and Pecking Order Predictions about Dividends and Debt,” Review of Financial Studies 15, 1–33.
- Fama and French (2005), “Financing Decisions: Who Issues Stock?” Journal of Financial Economics 76, 549–582.
- Lim (2008), “The Five C’s in the Determination of the Terms of Credit.”
- Lim, Elahee and Rashid (2005), “A Simple Model Integrating Capital Budgeting with Trade Credit,” Corporate Finance Review 9(5), 5–14.
- Lim and Rashid (2002), “An Operational Theory Integrating Cash Discount and Product Pricing Policies.”
- Lim and Rashid (2008), “Variations on the Operational Theory Integrating Cash Discount and Product Pricing Policies.”
- Lim and Rashid (2008), “Monetary Policy and Menu Costs on Credit Policy and Product Pricing.”
- Lim, Rashid and Mitra (2006), “Changes in Credit Terms and Clientele Effects on the Cash Discount Rate in Credit Policy.”
- Lim, Rashid and Sarker (2010), “The Opportunity Cost of Entrepreneurial Labor and Dominant Financial Contracts.”
- Rashid and Mitra (1999), “Price Elasticity of Demand and an Optimal Cash Discount Rate in Credit Policy,” Financial Review, 113–120.
- Course-site revision of the textbook’s inventory-management chapter by William Lim.
Sources
- Course catalogue ↗2026–2027
- Public course outline ↗Fall 2026