25862 Empirical Corporate Finance6cp
There are course requisites for this subject. See access conditions.
The purpose of this subject is to understand the investment and financing decisions made by firms. The main issue is how the delegation of decision-making power and information asymmetry affect outcomes, and how deviations from optimality can be mitigated through various incentive mechanisms. The subject involves game theory and covers some classic papers in finance as well as their empirical tests.
For more information, contact your PhD supervisor.
Detailed subject description.