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Home | Courses | Corporate Finance Theory
Course

Corporate Finance Theory


  • Teacher(s)
    Sebastian Gryglewicz, Vladimir Vladimirov
  • Research field
    Finance
  • Dates
    Period 4 - Feb 28, 2022 to Apr 22, 2022
  • Course type
    Core
  • Program year
    First
  • Credits
    4

Course description

This course covers core and new topics in Corporate Finance theory with an emphasis on introducing the microeconomic tools needed to address open research questions and discussing. Students are expected to be familiar with basic notions in finance and game theory. Some basic knowledge of contract theory is an advantage, but the course will be largely self-contained in this respect. The main focus of the lectures will be on financial contracting in the presence of agency problems, asymmetric information, and incomplete contracting. For each topic there will be some recommended and/or required literature to accompany the lectures. The textbooks closest to the material covered in class are Tirole "The Theory of Corporate Finance" and Bolton and Dewatripon "Contract Theory." However, some of the readings will be based on articles. A detailed list of reading assignments will be available at the start of each lecture.

Prerequisites

Students are expected to be familiar with basic notions in finance and game theory. Some basic knowledge of contract theory is an advantage, but the course will be largely self-contained in this respect.

Course literature

Primary reading
- Jean Tirole (2006). The Theory of Corporate Finance, Princeton University Press (selected chapters)
- Selected papers