04521 - Corporate finance

Academic Year 2017/2018

  • Moduli: Barbara Petracci (Modulo 1) Pierpaolo Pattitoni (Modulo 2)
  • Teaching Mode: In-person learning (entirely or partially) (Modulo 1); In-person learning (entirely or partially) (Modulo 2)
  • Campus: Forli
  • Corso: First cycle degree programme (L) in Economics and Business (cod. 8851)

Learning outcomes

The objective of this course is to discuss firms' financing and investment decisions in a perspective of shareholder value creation. At the end of the course students should be able to: (1) evaluate investments; (2) calculate a firm's cost of capital; (3) select among different financing sources.

Course contents

Financial Planning; Capital budgeting (NPV, IRR); Portfolio theory and CAPM; Financing decisions and market efficiency; Seasoned equity offerings, IPOs and venture capital; Dividend policy; Optimal capital structure; Interaction of investment and financing decisions

Readings/Bibliography

R. Brealey, S. Myers, F. Allen, S. Sandri, Principi di Finanza Aziendale , McGraw Hill Libri Italia, 2015. Chapters 1-3, 5-10, 12-19 (ISBN: 978-13-088-6704-5).

Teaching methods

Lectures

Practical exercises

Case studies

Assessment methods

Valuation is based on a written exam.

Office hours

See the website of Barbara Petracci

See the website of Pierpaolo Pattitoni