Empirical Corporate Finance

llsms2027  2017-2018  Louvain-la-Neuve

Empirical Corporate Finance
5 credits
30.0 h
Q2
Teacher(s)
Zhang Yue;
Language
English
Prerequisites
You should have bachelor-level knowledge of microeconomics, corporate finance and econometrics. You are expected to be able to do some regression analysis using Stata, SAS, or another software you desire. It is a research-oriented course. Thus, it involves a great deal of literature reading and writing.    
Fundamental mathematical and statistical concepts (such as those covered in
  • Mathématiques avancées et fondements d'économétrie [ LECGE1337 ])
  • computational finance  [LLSMS2224]    
  • Advanced Finance [LLSMS2100A or LLSMS2100B  or LLSMS2100]
Main themes
This course provides a comprehensive overview of the empirical methods used in corporate finance research. It is taught primarily through lectures, readings and in-class discussions. We will review literature on empirical corporate finance, and discuss the econometric tools used by researchers.
Aims

At the end of this learning unit, the student is able to :

1

Upon completion of this course, students are expected to complete the following key tasks:

  1. Have a good understanding of major topics in corporate finance;
  2. Have a good understanding of business ethical values;
  3. Understand the intuition behind the econometric methods and be able to apply them;

Upon completion of this course, students are expected to develop the following capabilities:

  1. Corporate citizenship;
  2. Communication and Interpersonal skills;
  3. Critical thinking skills;

A scientific and systematic approach.

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled ¿Programmes/courses offering this Teaching Unit¿.
 

The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
The following topics will be covered:
  1. Introduction to corporate finance
  2. Corporate ownership structure
  3. Capital structure
  4. Corporate diversification and focus
  5. Corporate investment
  6. The market for corporate control
Evaluation methods
Continuous evaluation
  • Date: No
  • Type of evaluation: No
  • Comments: No
Evaluation week
  • Oral: No
  • Written: No
  • Unavailability or comments: No
Examination session
  • Oral: 3h
  • Written:
  • Unavailability or comments: Unavailable on the 12th, 16th, 20th and 29th of June and the 16th and 25th of August. The exam must be done at the same time as the LLSMS2140 because it is the same copy.
Faculty or entity
CLSM


Programmes / formations proposant cette unité d'enseignement (UE)

Title of the programme
Sigle
Credits
Prerequisites
Aims
Master [120] in Business Engineering
INGE2M
5
Master [120] in Business Engineering
INGM2M
5