BUS-F605 Corporate Finance

• 15 weeks
• 3 credits
• Prerequisite(s): BUS-F600

The course introduces basic theoretical models concerning selected topics in corporate finance. The class is intended to provide students with an in-depth analysis of several of the main theoretical papers that have influenced corporate finance. The goal of the class is to enable students to develop the basic technical skills needed to read and understand theory papers. In each session we will go through several articles in detail.

Sample Course Outline

• Separation of Ownership and Control
• The Role of the Board of Directors
• Takeovers and Corporate Control
• Capital Structure
• Strategic Financial Distress and Bankruptcy
• Equity Ownership
• Pay out policy
  
• Risk Management
• CEO Reputation

Recommended Books

• Tirole, J., The Theory of Corporate Finance, Princeton University Press.
• Hart, Oliver, Firms, Contracts, and Financial Structure, Clarendon Press, Oxford.
• Mas-Collel, Whinston, and Green, Microeconomic Theory, Oxford University Press.
• Jarrow, Maksimovic, Ziemba, Handbooks In Operations Research And Science Management, Volume 9: Finance, North Holland.