This course exposes you to two major areas 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 a firm’s optimal financial strategies, such as capital structure, payout policy, risk management, and fund raising. We will also explore how corporate governance mechanisms can be used to align conflicts of interest between managers and shareholders. At the end of the course we will discuss the difficulties in financing very large projects, which require billions of dollars.
Lecture: Tue 8:30 – 10:00, Zoom: Meeting-ID: 6572771244, Password: cofi2020
Tutorial: Mon 10:00 – 12:00
Semester: SuTerm 2021