Optimization and corporate finance. Corporate governance and managerial compensation. Capital structure and the Modigliani-Miller theorem. Agency theory and asymmetric information. The issue of equity, debt, and other securities. Dividend policy. Investment and capital budgeting, NPV, and real options. Precludes additional credit for BUSI 3500 and BUSI 3502. Prerequisite(s): ECON 3050 with a grade of C- or higher, and ECON 3020 (or equivalent) with a grade of C- or higher. Lectures three hours a week.
Optimization and corporate finance. Corporate governance and managerial compensation. Capital structure and the Modigliani-Miller theorem. Agency theory and asymmetric information. The issue of equity, debt, and other securities. Dividend policy. Investment and capital budgeting, NPV, and real options. Precludes additional credit for BUSI 3500 and BUSI 3502. Prerequisite(s): ECON 3050 with a grade of C- or higher, and ECON 3020 (or equivalent) with a grade of C- or higher. Lectures three hours a week.
