The purpose of this course is to broaden and deepen the students' understanding of the central concepts of corporate finance as acquired in the preceding courses, the related and concurrent courses, and in the prerequisites. The models of project valuation; cost of capital; capital structure; firm valuation; the interplay between financial and investment decisions, strategic analyses, and economic analyses are used. The provision and acquisition of funds are revisited with a greater amount of detail and with interactive references to the complexity of these concepts in the real world of corporate decision making. The concepts are enhanced by referring to the issues of agency problems; market domination and market structure; risk structure and risk resolution, and hedging; market efficiency or lack thereof; asymmetric information; partial data; inconsistent data and assumptions; real options, and others. The validity of the analytic tools is tested on issues like highly‐leveraged transactions, hybrid securities, volatility in IPOs, M&As, corporate divestitures, acquisition and control premiums, corporate restructurings, sustainable and unsustainable market imperfections; and others.
Roger Mesznik has more than twenty five year experience lecturing, teaching, and consulting on Finance, Corporate Finance, Financial Markets and Instruments, Financial Strategy and Planning, International Business, Managerial Accounting, and in training senior executives and MBA students.
Mr. Mesznik has taught at the Graduate Business School of Columbia University since 1982. Mr. Mesznik has taught or is teaching at the Stern School of...