Checking date: 23/06/2020

Course: 2020/2021

Business finance law
Study: Bachelor in Finance and Accounting (201)

Coordinating teacher: GARCIA MANDALONIZ, MARTA

Department assigned to the subject: Department of Private Law

Type: Electives
ECTS Credits: 6.0 ECTS


Students are expected to have completed
Students do not need to have completed a specific subject for optimal learning.
Competences and skills that will be acquired and learning results. Further information on this link
Knowledges: - Understand and synthesize public and private financial instruments. Capacities: - To prepare reports on the various legal instruments of corporate finance. - To analyze and discern the financial instruments suited to the legal and economic structure of the company. Attitudes: - Critical, flexible and responsible attitude regarding the financial operations. - Entrepreneurial, innovative and social spirit.
Description of contents: programme
PART I: CORPORATE FINANCE LAW: CURRENT OUTLOOK FOR FINANCIAL MARKETS. 1. Introduction to Financial Markets: Credit market and stock market. 2. Fintech. PART II: INTERNAL FINANCING OF THE COMPANY. 3. Self-financing. 4- Social capital. Stock Market. PART III: EXTERNAL FINANCING OF THE COMPANY. 5- Public financing of the company: subsidies. 6- Private financing of the company: "3F: family, friends and fools", commercial credit, bank credit. Factoring, Forfaiting, Leasing and renting. PART IV: SPECIFIC FINANCING OF SMALL AND MEDIUM ENTERPRISES (SMEs). 7- Traditional financing difficulties for SMEs and proposed solutions. 8- Microcredits for microenterprises. 9- Crowdfunding: crowd-lending, equity crowdfunding. 10- Initial Coin Offering (ICO) 11- Mutual guarantee societies. 12- Participating loans. 13- Securitization. 14- Venture capital, capital development and business angels. 15- Alternative Stock Market. PART V: FINANCING OF TECHNOLOGY-BASED COMPANIES AND SPIN-OFF. 16- Spin-off and academic spin-off: definitions. 17- Financing of spin-off. PART VI: FINANCING OF SOCIAL ENTERPRISES. 18- Social enterprises and social finance: definition. 19- Social microcredits. 20- Social Venture Fund. 21- Green bonds and social bonds. 22- Other financing instruments of social enterprises.
Learning activities and methodology
Theoretical and practical knowledge.
Assessment System
  • % end-of-term-examination 0
  • % of continuous assessment (assigments, laboratory, practicals...) 100
Basic Bibliography
  • GARCÍA MANDALONIZ, M. . La financiación de las PYMES. Aranzadi. 2003
  • TAPIA HERMIDA, A. J.. Manual de Derecho del Mercado Financiero. Iustel. 2015
Additional Bibliography
  • CARDONE-RIPORTELLA, C.; GARCÍA-MANDALONIZ, M.,. Does recent regulation improve (or not) the Spanish mutual guarantee system?. International Journal of Economics and Financial Issues. 2017

The course syllabus and the academic weekly planning may change due academic events or other reasons.