The content of this unit presents deeply theories of the financial decisions, theories and techniques of managing capital resources to maximize shareholder wealth in public corporation, organization, and investors. Upon a completion of this course, students are expected to have advanced understanding of the concepts and techniques of financial management in the modern public corporations which has not been discussed in Corporate Finance course but is very practical in reality and crucial in doing comtemporary research. The unit presents the MM theory with bankcruptcy cost, agency problem, asymmetry information and the limit to the use of debt; efficient market and behavioral finance; long-term financing and raising capital; options, futures, and corporate finance. Finally, this unit also provide in-depth knowledge of financial distress which is an important financial concept but hard to define precisely and now a day in Vietnam there is a variety of events befalling firms under financial distress but the issues remain unidentified and problematic to many Vietnamese firms.