02U1309 - principles of finance - ;02U1309 - principles of finance -
The course covers a range of topics in
corporate finance starting with capital budgeting, CAPM and other valuation
instruments. The course then proceeds identifying the driving forces behind
capital structure decisions and choices over debt and equity finance. In this
context we will also discuss financing frictions that differentiate the
functioning of perfect capital markets from imperfect capital markets. A second
part of the course covers some specific topics in corporate finance: the decision
to go public, mergers and acquisitions, corporate governance issues and the
role of sustainability for investment and financing decisions.
Topics:
First module – Lecturer: Santiago Garcia
1. Overview of financial instruments and capital budgeting
2. Portfolio theory and CAPM
3. Capital structure
4. Valuation and payout policy
Second module – Lecturers: Claudia Guagliano (CG) and Valerio Novembre (VN)
5. Perfect and imperfect capital markets (CG)
6. Market frictions and behavioural finance (CG)
7. IPO decision / M&A/LBO (VN)
8. An overview of capital markets listing (VN)
9. Agency problems and corporate governance (VN)
10. Sustainability in investment and financing decisions (CG)
11. Digital assets and the role of FinTech in corporate financing decisions (CG)
12. The development of the European Capital Markets Union (VN)
Informations sur l'espace de cours
| Nom | principles of finance - Principles of Finance- PSME 2021-2022 |
| Nom abrégé | UP1-C-ELP-02U1309-05 - Principles of Finance- PSME 2021-2022 |
| Enseignants | Garcia Alvarado Santiago Jose, Guagliano Claudia, Hull-Brousmiche Morgan, Novembre Valerio |
| Groupes utilisateurs inscrits | Consultation des ressources, participation aux activités :
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Rattachements à l'offre de formation
| Élément pédagogique | UP1-C-ELP-02U1309 - principles of finance |
| Chemin complet | > Année 2024-2025 > Paris 1 > École d'économie de la Sorbonne > DU Panthéon Sorbonne Master in Economics > Semestre 2 General Track > UE1 : Options > principles of finance |
| Élément pédagogique | UP1-C-ELP-02U1309 - principles of finance |
| Chemin complet | > Année 2024-2025 > Paris 1 > École d'économie de la Sorbonne > DU Panthéon Sorbonne Master in Economics > Semestre 2 Financial Econ > UE1 : Cours fondamentaux > principles of finance |