75363 - CORPORATE FINANCE

Anno Accademico 2019/2020

  • Docente: Emanuele Bajo
  • Crediti formativi: 8
  • SSD: SECS-P/09
  • Lingua di insegnamento: Inglese

Conoscenze e abilità da conseguire

The goal of this course is to provide students with the fundamental tools to understand financial decision-making in the modern corporation. Topics include: capital budgeting/corporate investment, capital structure, corporate sources of funding, dividend policy, corporate contingent claims for financial risk management. The course frames these topics within the standard theories of risk and return, valuation of assets and market structure.

Contenuti

Financial Planning and Analyzing financial performance
Capital budgeting (NPV, IRR .. )
Portfolio theory and CAPM
Capital budgeting and risk (asset beta and equity beta)
Optimal capital structure and the firm cost of capital
Capital issuing (seasoned equity offer, IPOs and venture capital)

 

Testi/Bibliografia

Brealey, Myers, Allen, Principles of Corporate Finance (12th Edition). McGraw Hill International.

Chapters: 1-10; 14-19; 28-29

Modalità di verifica e valutazione dell'apprendimento

Valuation is based on a written exam. Two exercises, multiple choices or one open question.

Orario di ricevimento

Consulta il sito web di Emanuele Bajo