BF037: Corporations Around the World are Facing Enormous Challenges Amid the COVID-19 Pandemic: Corporate Finance Essay, ISCA, Singapore

Coursework topic

Corporations around the world are facing enormous challenges amid the COVID-19 pandemic. Driven continuously by uncertainties caused by COVID-19, stock markets in the United States, Europe, and Asia have suffered heavy losses. To support people and business through this period of disruption caused by the pandemic, governments have announced various stimulus packages. For instance, the historic $2 trillion bill that was passed by the U.S. Senate on 25th March 2020.

In the UK, the joint HM Treasury and Bank of England lending facility named the COVID Corporate Financing Facility (CCFF) is designed to support liquidity among larger firms, helping them to bridge coronavirus disruption to their cash flows through the purchase of short-term debt in the form of commercial paper. Similarly, Asian countries such as Malaysia and Singapore have recently announced billion-dollar stimulus packages to support their economics in mitigating the adverse impacts of the pandemic on firms.

Students are required to submit an essay report on “Financing strategies for Malaysian/Singapore/Asian corporations amid the COVID-19 pandemic”.

Instructions:

This is a study report based on your extensive readings and analysis of current research literature as well as policy discussions. You may focus on a single country (such as but not limited to, Malaysia or Singapore). Do consider both short-term and long-term impacts of capital structure choices on firms in the context of external financial and product market conditions. Some analysis or use of market data or the explanation, in your own words, and use of the theory underlying your topic is required as this is an academic assignment.

Make sure to use credible references such as top academic journal publications, real market data, and official policy documents to support your discussions. This is, however, NOT a dissertation. Original theoretical derivations or empirical analyses are not usually a requirement. This is NOT a case study on a single firm or sector of firms.

The coursework will consist of a report of around 2,500 words. A word count for the completed document should be provided. The word limit is 3,000. Do NOT exceed this limit.

You should use Times New Roman font with size 11, 2.0 line spacing, and 1 inch (2.54 cm) margins. Material taken from external sources and included in the report must be clearly shown and referenced. Such material should not constitute too large a proportion of the final work.