- Docente: Stefano Mengoli
- Credits: 3
- SSD: SECS-P/09
- Language: Italian
- Teaching Mode: Traditional lectures
- Campus: Bologna
- Corso: Second cycle degree programme (LM) in Business Administration (cod. 0897)
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from Feb 22, 2024 to Mar 21, 2024
Learning outcomes
The course focuses on theoretical and practical issues which arise in modern corporate finance, and its major theme will be the firm valuation, i.e. in corporate restructuring. Using VBA, some classes will be devoted to real options and the pricing of the typical provisions in M&A.
Course contents
In details, case Studies deal with
- Capital Budgeting;
- M&A and financing (BIMBO);
- Real options embedded in legal contracts (wayout, etc.)
- Clawback in M&A
- Earnout in M&A
Readings/Bibliography
ATTENDANTS
Robert F. Bruner. "Case Studies in Finance" (various editions), McGraw Hill.
Richard A. Brealey, Stewart C. Myers, Franklin Allen e Sandro Sandri (2015). "Principi di Finanza Aziendale" 7/ed, McGraw Hill.
NON-ATTENDANTS
"Real Options Analysis: Tools and Techniques for Valuing Strategic Investments and Decisions", 2nd Edition Johnathan Mun (Chapters 1-7).
Teaching methods
All classes will be taught in lab using spreadsheets and coding for simulation (e.g. Visual Basic for Application). A class will thoroughly devote an introduction to VBA e [https://en.wikipedia.org/wiki/Visual_Basic_for_Applications] Python to facilitate case solutions.
Assessment methods
STUDENTS WHO ATTEND THE CLASSES
Each group (max 3 students) delivers a final Lab assignment. Group composition is defined at the kick off.
STUDENTS WHO DO NOT
Real Options Analysis: Tools and Techniques for Valuing Strategic Investments and Decisions", 2nd Edition Johnathan Mun (Chapters 1-7).Office hours
See the website of Stefano Mengoli