Syllabus

Title
6009 Empirical Corporate Finance
Instructors
em.o.Univ.Prof. Dr. Josef Zechner, Rüdiger Fahlenbrach, Ph.D.
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/03/16 to 02/29/16
Registration via LPIS
Notes to the course
This class is only offered in summer semesters.
Dates
Day Date Time Room
Thursday 03/10/16 01:00 PM - 03:00 PM D4.0.019
Thursday 03/17/16 01:00 PM - 03:00 PM D4.0.019
Thursday 03/24/16 01:00 PM - 03:00 PM D4.0.019
Thursday 03/31/16 01:00 PM - 03:00 PM D4.0.019
Thursday 04/07/16 01:00 PM - 03:00 PM D4.0.019
Monday 05/09/16 09:00 AM - 06:00 PM D4.4.213
Tuesday 05/10/16 09:00 AM - 06:00 PM D4.4.008
Wednesday 05/11/16 09:00 AM - 11:00 AM D4.4.141
Wednesday 05/11/16 11:00 AM - 06:00 PM D4.4.008
Thursday 05/12/16 09:00 AM - 06:00 PM D4.4.008
Friday 05/13/16 08:00 AM - 02:00 PM D4.0.019
Friday 05/13/16 10:30 AM - 03:00 PM D4.4.008
Contents
The Ph.D. class in empirical corporate finance provides an overview of major topics in empirical corporate finance, including capital structure, payout policy, internal capital markets, venture capital and initial public offerings, the market for corporate control, and internal corporate governance. Syllabus
Learning outcomes
The advantage of the broad, topics‐based approach used in this course is that students will be exposed to a wide range of topics, hopefully wetting their appetites for further exploration (on their own, using the reading list).
Teaching/learning method(s)
Each teaching day consists of two classes of 90 minutes. For 6 of those days, I would like one of you topresent the key findings and approaches of three interesting papers in the area. These are marked with“***” in the reading list. I expect students to have a Power Point presentation that lasts 15 to 25 minutes per paper (but NO LONGER than 25 minutes per paper). You should also distribute a short‐write-up of not more than two double‐spaced pages on the key findings of each paper for the other students. You should choose a single table that you consider most important in each paper.
Assessment
  • Presentation and write‐up will be graded and will count 40% towards your final grade.
  • Problem set counting 40% towards your final grade.
  • Referee report counting 20% towards your final grade.
Prerequisites for participation and waiting lists
To be announced!
Recommended previous knowledge and skills
I expect you to have some basic knowledge of econometrics and to be able to do some regression analysis using Stata, SAS, or another software of your choice. You are expected to have a basicknowledge of corporate finance at the level of an MBA textbook such as Berk and deMarzo (Corporate Finance) or Brealey, Myers, and Allen (Principles of Corporate Finance). If you do not, I would suggest reading either book in parallel to the lectures.
Availability of lecturer(s)
Other
You have to sign in additionally via e-mail
Last edited: 2016-01-12



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