Topics in Asset Management and Corporate Finance

Introduksjon

Please note that this is a preliminary course description. The final version will be published in June 2027.

This course deals with contemporary issues in corporate finance and refines tools to evaluate investments, capital structure, and corporate securities. The course explores how corporate finance decisions are affected when the classic Modigliani-Miller capital structure irrelevance-assumptions are relaxed, focusing on the consequences of taxes, bankruptcy, information asymmetries, and agency conflicts, among others. In this context, it discusses the important role and the various features of firm debt financing. The course introduces students to modern corporate financial theories as well as empirical patterns and studies.

Kursets innhold

The exact course content may vary from year to year, but will include topics such as:

• Capital Structure Decisions
• Taxes
• Bankruptcy and Corporate Restructuring
• Information Asymmetry and Agency Costs
• Debt Financing
• Valuation Techniques
• Option Valuation in Corporate Finance
• Venture Capital and Private Equity
• Liquidity
• Merger and Acquisitions
• Dividend Policy and Share Repurchases
• Initial Public Offerings
• Behavioral Corporate Finance