FORMATIONS |
Fiche détaillée d'un cours
 | EMPIRICAL CORPORATE FINANCE | ||
2018-2019 | FrIESEG School of Management
(
IÉSEG
)
| ||
Code Cours : | 1819-IÉSEG-M1S2-FIN-MA-FI80UE | FINANCE | |
| Niveau | Année de formation | Période | Langue d'enseignement |
|---|---|---|---|
| Master | 1 | S2 | FrEnglish |
| Professeur(s) responsable(s) | H.DAHER |
|---|---|
| Intervenant(s) | Hicham DAHER, Eric DOR, Paolo MAZZA |
- Ce cours apparaît dans les formations suivantes :
- IÉSEG > IESEG Degree - Programme Grande École > Semester 2 > 2,00 ECTS
Pré requis
Inferential statistics
Intermediate Econometrics
Advanced Econometrics
Correlation and multiple linear regression
Objectifs du cours
At the end of the course, the student should be able to :
Understand and use quantitative methods to test and examine different Corporate Finance theories.
Contenu du cours
OLS and the classical linear regression model
Event study analysis (M&A application)
Probit/Logit regression (Dividend decision)
Self selection Bias, Two stage Heckman approach
Poisson regression model (Corporate governance score, number of Acqusitions)
Modalités d'enseignement
Organisation du cours
| Type | Nombre d'heures | Remarques | |
|---|---|---|---|
| Independent work | |||
| Reference manual 's readings | 6,00 | ||
| Research | 12,00 |
Extract data from the Bloomberg trading room Corporate finance literature on Dividend,determinant of M&A, and Corporate governance | |
| Independent study | |||
| Group Project | 16,00 | ||
| Face to face | |||
| Interactive class | 16,00 | ||
| Charge de travail globale de l'étudiant | 50,00 | ||
Méthodes pédagogiques
- Coaching
- E-learning
- Interactive class
- Project work
- Tutorial
Évaluation
Project
Final exam
Participation
| Type de Contrôle | Durée | Nombre | Pondération |
|---|---|---|---|
| Others | |||
| Individual Project | 0,00 | 1 | 50,00 |
| Final Exam | |||
| Written exam | 2,00 | 1 | 50,00 |
| TOTAL | 100,00 | ||
Bibliographie
- Introductory Ecnonmetrics for Finance, Chris Brooks, Cambridge -
- MacKinlay A., Event Studies in Economics and Finance, Journal of Economic Literature, Vol. 35, No. 1. (Mar., 1997), pp. 13-39 -
- DeAngelo, H., L. DeAngelo, and R.M. Stulz, 2006, Dividend policy and the earned/contributed capital mix: a test of the life-cycle theory, Journal of Financial Economics 81, 227-254. -
- Opler, T., L. Pinkowitz, R. Stulz, and R. Williamson, 1999, The determinants and implications of corporate cash holdings, Journal of Financial Economics 52, 3-46. -
* Informations non contractuelles et pouvant être soumises à modification
