How should companies raise money? This lecture will look at both debt (bank loans and bonds) and equity (shares given to other founders, or sold on the stock market). It will analyse how a company should choose between debt and equity and explain how many factors that companies – and even highly-paid investment banks – focus on are actually irrelevant. It will explain how financial decisions, stock valuations, and risk change in the presence of debt.

A lecture by Alex Edmans

This event is also available to watch live online. To register, visit: https://crowdcast.io/e/gresham-finance-company

There are also ticket options available to purchase a Gresham Navy Tote Bag or Gresham Book entitled 'Sir Thomas Gresham and His Vision for Gresham College' by Valerie Shrimplin. These items must be collected in person at the event.

Gresham College has offered free public lectures for over 400 years, thanks to the generosity of our supporters. We believe that everyone should have the opportunity to learn from some of the greatest minds. To support Gresham's mission, please consider making a donation: https://www.gresham.ac.uk/support/