Theoretical Corporate Finance

The course offers a graduate level introduction to corporate finance theory. Rather than providing an exhaustive overview of the field, the course focuses in depth on selected topics, in particular firms’ financing choices (e.g., capital structure) and the allocation of corporate control. In addition, the course reviews the recent literature on institutional aspects of corporate finance. The material consists of modern game- and contract-theoretic tools applied to corporate finance. The course also aims at training students to use these tools for their own research. To this end, the course allocates time to the discussion of problem sets that the students are asked to solve in advance.