Cambridge's LLM programme has a strong corporate dimension and MCL students benefit from this as they select one of the full-year corporate-oriented courses offered as part of that programme.
For 2018-19 the joint corporate-oriented MCL/LLM full-year papers are:
- Corporate Finance;
- Corporate Governance;
- Corporate Insolvency;
Corporate Finance: This course considers the legal and regulatory framework governing the financing of companies. Studying this framework involves examining important aspects of company law and capital market regulation. The legal structures of various major corporate financing transactions are reviewed. The course also examines the underlying policy objectives that shape the law and regulation governing corporate finance to enable students to identify and to consider critically the vital theoretical issues raised by the subject.
Corporate Governance: This course examines the key features of corporate governance. An overview is provided of the economic and institutional dynamics that influence the manner in which publicly traded companies function. The rights, duties and obligations of key participants in corporate governance (e.g. shareholders, executives and directors) are outlined. The course also analyses the effectiveness of reforms designed to enhance managerial accountability, with particular reference to non-executive directors, executive pay and shareholder activism.