PhD Seminar in Finance. 3 credits

Catalog description

This Ph.D. course introduces corporate finance theory and prepares students for theoretical/empirical research in related areas. The topics include financing with various sources of agency problems such as moral hazard, asymmetric information, limited observability, and limited commitment. The last part of the course considers the macroeconomic implications of corporate finance. Topics are nevertheless subject to change to reflect the evolution of literature and class interests.Offered by Finance. May not be repeated for credit.