Description

University of Glasgow

Adam Smith Business School

Assessment Brief 2024/2025

Assignment Information

Course Code                     :               ACCFIN5203_1G

Course Title                       :               Foundations of International Corporate Finance

Course Coordinator        :               Shammyla Naeem

Weighting                          :               35%

Question release date  :               27 th September 2024

Submission date              :               Friday 29th November at 12pm

Word limit                          :               4000 (+/- 10%)

  1. QUESTION/ DESCRIPTION OF ACTIVITY.

This is a group assignment where your team is required to collaboratively produce a short research paper. You are required to download firm-level data of non-financial companies (excluding utility companies) for any country for the period of 2018-2022. Specifically, you will need to download data for the following variables: total debt ratio and total long-term debt ratio as dependent variables and total assets, profitability ratio, tangibility ratio and industry classification as control variables.

* The tasks for this assignment are as follows:

  • Collaboratively identify one interesting firm-level factor or country-level factor from the capital structure literature (other than firm size, tangibility, profitability, and industry classification) that has been shown to impact capital structure decisions.
  • Critically discuss the relevance of these selected variables for capital structure decisions.
  • As a group, download the required data and work together to provide descriptive statistics. Critically discuss the main findings of the descriptive statistics.
  • Conduct a regression analysis as a group to examine the relationship between your chosen variables and capital structure, controlling for size, tangibility, profitability, and industry classification. Also, do the analysis for debt maturity structure to investigate if the results remain similar.
  • Critically discuss the findings of your analysis, drawing on previous studies to explain your results.

*Ensure you apply trimming or winsorisation to your data if required.

This assignment addresses the following Intended Learning Outcomes (ILOs) of the course:

  • ILO 3. Discuss the role of financial managers and identify the major issues that confront them
  • ILO 4. Evaluate different theories of capital structure and dividend policy.

Learning Outcomes:

  • Develop Analytical and Teamwork Skills: Handling real-world financial data and performing statistical analyses will enhance your data analysis and interpretation skills while fostering teamwork and collaboration.
  • Enhance Critical Thinking and Group Discussion: By reviewing literature and critically discussing findings, you will strengthen your ability to evaluate various capital structure factors and engage in meaningful academic discussions.
  • Practical Application of Theory in a Team Setting: You will apply theoretical concepts to real-world data, bridging the gap between academic knowledge and practical finance issues, while gaining experience in working with others on complex tasks.
  • Strengthen Research and Group Project Management Skills: This group task will refine your research and academic writing skills, while also enhancing your ability to manage group dynamics, distribute tasks, and coordinate efforts effectively to produce a well-reasoned academic paper.
  1. ADDITIONAL INFORMATION FOR GROUP ASSIGNMENTS.

For this group assignment, you will work in self-selected groups of four. You can choose your group members via Moodle. Groups are expected to meet at least once a week to stay on track. In your first meeting, you should appoint a group leader, whose role is to facilitate collaboration, help resolve conflicts and ensure the group functions smoothly. The group leader will also be responsible for keeping detailed meeting minutes, maintaining a record of assigned tasks, tracking the number of meetings, and promptly reporting any issues to the course coordinator to prevent disruptions that could affect the quality of the final work. In addition, each group member is required to submit a peer evaluation report anonymously, without discussing it with others. Your final grade will be influenced by this evaluation, meaning your individual grade may differ from the overall group grade based on your contribution.

To receive a high quality, AI and plagiarism free solution to this task, please contact us on WhatsApp +254716353533

ACCFIN5203_1G: Foundations of International Corporate Finance (Nov 2024 assignment)

Category: