Corporate Financial Theory

This course presents state-of-the art concepts of finance theory and applies them to practical corporate financing issues.The course will start with a brief review of standard Modigliani-Miller theory. It will then move on to the concepts of agency costs, asymmetric information, and behavioral biases and illustrate how they affect long-term corporate financing.

By the end of this course, students will be able to apply cutting-edge finance theory to analyze and evaluate real-world corporate financing decisions.

• Sustainable Development
• Good health and well-being
• Gender equality
• Clean water and sanitation
• Affordable and clean energy
• Decent work and economic growth
• Industry, innovation and infrastructure
• Reduced inequalities
• Sustainable cities and communities
• Responsible consumption and production
• Climate action

In presence

Lectures and exercise sessions.

The examination consists in a written open book exam. Problem sets and active class participation can raise your final grade up by a maximum of 1 point.