FINAN 7841 - Advanced Corporate Finance

An advanced course on recent theoretical developments and empirical evidence pertaining to corporate finance. Topics can include: financial policy and capital structure (security design, financial distress, behavioral aspects, dynamics); payout policy (dividends, repurchases); capital raising (equity and debt markets, IPOs, SEOs, private placements, bank lending, venture capital, private equity); financial intermediation; investment policy (decision rules, internal capital markets, corporate diversification); internal corporate governance and organization design (agency, catering, executive compensation, boards and directors, managerial myopia, culture); corporate control (ownership structure, voting, takeovers and the market for corporate control, regulation ); managerial labor markets (career concerns, tournaments, learning); other external governance (product markets, rating agencies, regulators, legal rules); event study methods; behavioral corporate finance; and legal traditions, law, and finance.