Corporate Finance University of Bordeaux
This course helps understand, thanks to theoretical models, how firmsstructure the way they finance their development, as well as theirrelationships with diverse stakeholders: shareholders, banks,corporate ventures, and other lenders, etc.
Microeconomics 1st year and 2nd year
The course focuses on the complex web of incentives created byfinancial claims and the impact it has on entrepreneurship and accessto credit and financing, as well as on the profitability of firms. It draws on the literature of industrial organization and contractstheory, and will mostly use theoretical models. It will in particular study (time permitting):- The role of lenders in screening projects and monitoringperformance, - The choice between equity and debt, - The impactof the capital structure on competition, market power andprofitability, - The impact of legal rules, concerning for instancedebt priority, - And topics related to recent real-life examples.
Online Course Requirement
REFERENCES BIBLIOGRAPHY : - Tirole, Jean - The Theory of Corporate Finance, Princeton UniversityPress KEY WORDS : Corporate finance, Entrepreneurship, Debt, Equity Duration: 17.5 hoursLanguage of instruction: English
Site for Inquiry
Please inquire about the courses at the address below.
Contact person: Cécile AUBERTcecile.firstname.lastname@example.org