Coverage of the material in FM430 Corporate Finance and Asset Markets is normally required as a prerequisite for this course. Provides a thorough grounding in recent developments in the theory of ...

Jensen, Michael, and Clifford W. Smith Jr. "The Theory of Corporate Finance: A Historical Overview." In The Modern Theory of Corporate Finance, edited by Michael C. Jensen and Clifford H. Smith Jr., ...

In developing tools to analyze these issues, we will introduce the key concepts of corporate finance theory, including debt overhang, risk shifting, and the free-rider problem. 33 hours of seminars in ...

The faculty is renowned for their theoretical and empirical work in a broad range of specialties, including asset pricing, corporate finance ... Poised at the leading edge of finance theory and ...

(See “Daniel Kahneman: The Thought Leader Interview,” by Michael Schrage, s+b, Winter 2003.) The application of behavioral finance theory to corporate finance is now attracting the attention of a ...