Corporate Finance Theory
MGT 630b
Course Description:
Uses state preference theory to develop single period theories of optimal investment and optimal capital structure. We explore models of adverse selection and moral hazard and use them to evaluate management compensation, financing decisions, and corporate wnership structure. Recent empirical evidence is reviewed and the techniques and evidence are critiqued. Consent of instructor required to enroll. NOT OFFERED 2005/2006.
2 Credit(s)
Subject Area(s):
- Finance
Program(s):
- PhD
Please Note: Not all courses are scheduled each semester. Complete class schedules are available upon enrollment.
