Advanced Corporate Finance
The firm is a nexus of contracts among its various stakeholders (managers, shareholders, debt holders etc.). In this course, we examine how value can be created, and how real world conflicts (of interest) between the various stakeholders of a firm lead to deviations from “perfect world” solutions. We examine ways to mitigate such conflicts.
Topics covered include investment decisions, financing decisions, asymmetric information and signaling, payout decisions, contracting decisions and performance metrics, real options, and diversification.
Topics covered may vary from semester to semester.
CNV Krishnan
- Faculty Director, MSM-Finance Program
- Professor, Banking and Finance
