Universität Wien FIND

040090 KU Corporate Finance 2 (MA) (2019S)

4.00 ECTS (2.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Details

max. 50 participants
Language: English

Lecturers

Classes (iCal) - next class is marked with N

Tuesday 14.05. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 15.05. 09:45 - 11:15 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 16.05. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 21.05. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 22.05. 09:45 - 11:15 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 23.05. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 28.05. 09:45 - 11:15 Hörsaal 15 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 29.05. 09:45 - 11:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 04.06. 11:30 - 14:45 Hörsaal 9 Oskar-Morgenstern-Platz 1 1.Stock
Wednesday 05.06. 09:45 - 11:15 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 12.06. 09:45 - 11:15 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 13.06. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 18.06. 11:30 - 13:00 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 19.06. 09:45 - 11:15 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Tuesday 25.06. 11:30 - 14:45 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
Thursday 27.06. 11:30 - 14:45 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

Corporate Finance II aims to provide students with a deeper understanding of the theoretical models underlying most of the research on corporate finance and financial intermediation. It will start with a brief overview of contract theory and the economics of asymmetric information and then goes on to study the seminal models and papers in corporate finance applying these principles. The course content will be the following:

I) Capital structure, Modigliani-Miller irrelevance propositions, signalling and the pecking order theory (Myers and Majluf, 1984).
II) Mergers and acquisitions and the free-riding problem (Grossman and Hart, 1980)
III) Firm financing, moral hazard and pledgeable income (Holmström and Tirole, 1997)

If time allows, other topics will also be covered.

There will be both lectures and tutorials. At tutorials, problem sets will be discussed and the solutions will be presented by the students.

Assessment and permitted materials

There will be a mid-term exam and a final exam. Students will be asked to present their solutions to selected problems at tutorials. This will also be graded.

Minimum requirements and assessment criteria

25% Mid-term exam
25% Problem sets and tutorials
50% Final exam

Minimum requirement for a positive grade: at least 50% for each part.

Examination topics

Exam material: all material discussed in the lecture

Reading list


Association in the course directory

Last modified: Tu 30.07.2019 14:07