Advanced Corporate Finance

Catalog description

This is the second PhD-level class in corporate finance. It builds upon FNCE 6202 and examines further developments in the area. The goal is to bring students to the frontier of the knowledge and corporate finance research, so that they can start doing their own research. We start by discussing a core issue in empirical corporate finance - endogeneity and various approaches to address it. We will then cover long-time important topics including security issuance, mergers and acquisitions, behavioral finance, and private equity. Finally, we will introduce latest and emerging areas such as textual analysis and machine learning, climate finance, and household finance. We will discuss both the theoretical and empirical aspects of these topics.