| Course ID: | FINA 9200. 3 hours. |
| Course Title: | Corporate Finance Theory |
Course
Description: | Theoretical constructs underlying corporate finance, illustrated with both theoretical seminal and current research. Theoretical topics will include optimization, non-cooperative game theory, information economics, and agency theory. Signaling, screening, incentive design, product market structure, research and development, security issuance, bankruptcy, and market microstructure. |
| Oasis Title: | CORP FINANCE THEORY |
| Prerequisite: | Permission of department |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | The objective of this course is to familiarize you with the main paradigms in
financial economics. This course is primarily meant for Ph.D. students (current or
intending)in Finance. Economics, Accounting and Operations Research Ph.D. students
may also find this material is somewhat relevant and useful. You should be able to
understand optimization and calculus and be able to solve an optimization
problem easily. |
| Topical Outline: | 1. Utility theory, risk aversion, stochastic dominance
2. The portfolio problem, CAPM and APT
3. Conditions for aggregation of utility
4. Game theory
5. Adverse selection and signaling
6. Principal agent problems and moral hazard
7. Theory of the firm |