Checking date: 01/04/2022

Course: 2022/2023

Corporate Finance II
Study: Master in Business and Finance (69)

Coordinating teacher: GUTIERREZ URTIAGA, MARIA

Department assigned to the subject: Department of Business Administration

Type: Electives
ECTS Credits: 5.0 ECTS


Requirements (Subjects that are assumed to be known)
Corporate Finance Quantitative Methods I and II Research Methods
This course aims to teach you what it takes to excel in corporate finance. To do so, the course will select a few hot topics on the subject and review the most interesting recent papers in order to pursue four equally important goals. First, it will expose students to the best recent papers in the corporate finance literature, broadly defined, so as to identify active areas of research. Second, the empirical work has been selected to force the students to think creatively about identification, endogeneity, and instruments. Third, the course is designed to strengthen students┬┐ ability to dissect, digest, and critique academic research. Finally, it gives students an opportunity to improve their presentation skills through repeated practice and constructive feedback. Each of these skills plays a crucial role in a successful academic career.
Skills and learning outcomes
Description of contents: programme
Each year the course will select a few interesting topics in corporate finance which include but are not limited to: Debt policy Financial Intermediation Capital structure Dividend policy Institutional investors CEO pay Corporate Governance Law and finance Bankruptcy etc
Learning activities and methodology
With a small number of exceptions, each class will discuss 3 recent papers. The teacher will briefly review the seminal theoretical and empirical papers and the students will have to either present or discuss a paper.
Assessment System
  • % end-of-term-examination 0
  • % of continuous assessment (assigments, laboratory, practicals...) 100
Calendar of Continuous assessment
Basic Bibliography
  • George M. Constantinides,M. Harris,Rene M. StulzB. Espen Eckbo (Eds.). Handbook of the Economics of Finance: Corporate Finance . Elsevier. 2003

The course syllabus may change due academic events or other reasons.