Inhalt
| Kommentar |
This course exposes you to two major topics in corporate finance: conflicts of interests between the various stakeholders of a corporation and information asymmetries between insiders and outsiders. Both aspects have profound effects on firms’ optimal financial strategies, such as capital structure, payout policy, risk management, and fund raising. This course also explores how corporate governance mechanisms can be used to align conflicts of interest between managers and shareholders. The course ends with a discussion of how to finance very large projects, which require billions of dollars. |
| Literatur |
Grinblatt, Marc; Titman, Sheridan: "Financial Markets and Corporate Strategy", 2nd international edition, Verlag: Irwin/McGraw-Hill (2004) |
| Bemerkung |
StO/PO MA 2005 - 2010: 6 LP, Modul: "Field of Specialization Financial Economics" oder "Financial Economics"
StO/PO MA 2016: 6 LP, Modul: "Advanced Corporate Finance"
StO/PO MEMS 2016: 6 LP, Modul: "Advanced Corporate Finance", Major: Accounting and Finance |
| Prüfung |
Written exam (90 min) |
