Corporate Finance Summaries

In: Business and Management

Submitted By jorik
Words 61282
Pages 246
Msc Finance & Investment
Core Course I: Corporate Finance & Value Creation

Lecture 1 3
Modigliani & Miller (1958) ‘The Cost of Capital, Corporation Finance and the Theory of Investment’ 3
Modigliani & Miller 2 6
Modigliani and Miller 3 7
Modigliani & Miller – 1958 4 12
Fama & French (1998) ‘Taxes, Financing Decisions, and Firm Value’ 18
FAMA FRENCH 2 20
Fama & French 3 21
Fama & French – 1998 4 22
Graham (2000) ‘How Big Are the Tax Benefits of Debt?’ 25
GRAHAM (2000) 2 28
Graham 3 29
How big are the tax benefits of debt? John Graham – 2002 4 29
Lecture 2 32
Myers (1984) ‘The Capital Structure Puzzle’ 32
MYERS (1984) The Capital Structure Puzzle 2 36
Myers 3 39
The capital structure puzzle Myers – 1984 4 40
Andrade & Kaplan (1998) ‘How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distress’ 44
Kaplan 2 46
Andrade & Kaplan (1998) 3 51
Andrade & Kaplan – 1998 4 52
Lecture 3 56
Myers & Maljuf (1984) ‘Corporate Financing and Investment Decisions when Firms have Information that Investors Do Not Have’ 56
Myers and Majluf 2 61
Myers & Mailuf (1984) 3 66
Myers & Majluf – 1984 4 68
Frank & Goyal (2007) ‘Trade-off and Pecking Order Theories of Debt 74
Frank, Murray and Goyal, Vidhan 2 75
Frank & Goyal (2007) 3 83
Trade-off and pecking order theories of debt Frank & Goyal – 2007 4 85
Lecture 4 92
Ross (1977) ‘The Determination of Financial Structure: the Incentive-Signaling Approach’ 92
ROSS (1977) 2 94
Ross (1977) 3 95
Ross – 1977 4 95
Riley (2001) ‘Silver Signals: Twenty-Five Years of Screening and Signaling’ 99
Riley – 2001 2 101
Harris & Raviv (1990) ‘Capital Structure and the Informational Role of Debt’ 106
Harris & Raviv (1990) 2 108
Harris & Raviv – 1990 3 109
Heinkel & Zechner (1990) ‘The Role of Debt and Preferred Stock as a Solution to Adverse Investment Incentives’…...

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