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Establishment
Language of instruction
English
Teaching content
FINANCE
This course occurs in the following program(s)
IESEG Degree - Programme Grande École
- Crédits ECTS: 2.00
Training officer(s)
H.DAHER
Stakeholder(s)
Hicham DAHER, Eric DOR, Paolo MAZZA
Présentation
Prerequisite
Inferential statistics
Intermediate Econometrics
Advanced Econometrics
Correlation and multiple linear regression
Intermediate Econometrics
Advanced Econometrics
Correlation and multiple linear regression
Goal
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.
Understand and use quantitative methods to test and examine different Corporate Finance theories.
Presentation
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)
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
Organization
| Type | Amount of time | Comment | |
|---|---|---|---|
| Présentiel | |||
| Cours interactif | 16,00 | ||
| Autoformation | |||
| Recherche | 12,00 | Extract data from the Bloomberg trading room Corporate finance literature on Dividend,determinant of M&A, and Corporate governance | |
| Lecture du manuel de référence | 6,00 | ||
| Travail personnel | |||
| Group Project | 16,00 | ||
| Overall student workload | 50,00 | ||
Evaluation
Project
Final exam
Participation
Final exam
Participation
| Control type | Duration | Amount | Weighting |
|---|---|---|---|
| Examen (final) | |||
| Examen écrit | 2,00 | 1 | 50,00 |
| Autres | |||
| Projet Individuel | 0,00 | 1 | 50,00 |
| TOTAL | 100,00 | ||
Ressources
Bibliography
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. -
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. -