This course will develop an overall perspective of corporate financial decisions through an integrated coverage of the most fundamental topics of corporate finance. The first part of the course will cover standard corporate finance theoretical models as well as their foundations. Topics may include applied contract theory, market monitoring, corporate governance, dividend policy, capital structure, and security design. The second part of the course will survey the most prominent empirical studies on corporate finance topics such as capital structure, corporate cash and dividend policy, security issuance, corporate governance, compensation contract design, and corporate restructuring. The goal of this part of the course is to not only to build a bridge between theoretical and empirical corporate finance research, but also help students gain a deep understanding on how to formulate research questions and design proper empirical methodology for execution. (Crossed with MGMT-922*)
This course will develop an overall perspective of corporate financial decisions through an integrated coverage of the most fundamental topics of corporate finance. The first part of the course will cover standard corporate finance theoretical models as well as their foundations. Topics may include applied contract theory, market monitoring, corporate governance, dividend policy, capital structure, and security design. The second part of the course will survey the most prominent empirical studies on corporate finance topics such as capital structure, corporate cash and dividend policy, security issuance, corporate governance, compensation contract design, and corporate restructuring. The goal of this part of the course is to not only to build a bridge between theoretical and empirical corporate finance research, but also help students gain a deep understanding on how to formulate research questions and design proper empirical methodology for execution. (Crossed with MGMT-922*)