Corporate financial theory
Dr Robert Faff
One 3-hour session per week * Second semester * Clayton * Prerequisites: AAF2140, AAF3140 or MBA5190, MBA6190 or with approval of lecturer
Synopsis This subject introduces students to more advanced work in corporate finance. Frequent use is made of recent articles in the finance journals. Topics likely to be covered will be selected from theory and evidence on asset pricing models, capital structure, efficient markets, agency theory, option pricing theory and applications, international finance and investment appraisal.
Assessment Written (essay): 20% * Seminar participation: 30% * Examination: 50%