Summary Updated Tutorial on Corporate Finance - The Cost of Capital Corporation Finance and the Theory of Investment. EBC 4057
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Course
EBC4057 Corporate Finance (EBC4057)
Institution
Maastricht University (UM)
Book
The Cost of Capital, Corporation Finance and the Theory of Investment de Merton Miller
Updated Tutorial on Corporate Finance - The Cost of Capital Corporation Finance and the Theory of Investment. EBC 4057. I used this and scored high in the final exam.
1.3 Event Studies in Economics and Finance .............................................................................. 9
Tutorial 2: Capital Structure I ........................................................................................................ 10
2.1 The Capital Structure Puzzle: Another Look at the Evidence.............................................. 10
2.2 Capital Structure Choices ..................................................................................................... 14
Tutorial 3 Capital Structure II ........................................................................................................ 17
3.1 Financing Major Investments: Information about Capital Structure Decisions ................... 17
3.2 As certain as debt and taxes: Estimating the tax sensitivity of leverage from state tax
Tutorial 4 Security Offerings I ....................................................................................................... 22
4.1 IPO first-day returns, offer price revisions, volatility and form S-1 language ..................... 22
4.2 Where Have All the IPOs Gone? ......................................................................................... 24
Tutorial 5 Security Offerings II ...................................................................................................... 27
5.1 Seasoned Equity Offerings, Corporate Governance, and Investments ................................ 27
5.2 When do high stock returns trigger equity issues? ............................................................... 29
Tutorial 6: Case “Bank Capital Regulation” .................................................................................. 31
6.1 Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation .................. 31
,6.2 Liquid-claim production, risk management, and bank capital structure .............................. 35
6.3 Bank Bailouts and Moral Hazard: Evidence from Germany ............................................... 36
6.4 Do Strict Capital Requirements Raise the Cost of Capital? Bank Regulation, Capital
Structure, and the Low Risk Anomaly ....................................................................................... 37
Tutorial 7: Mergers & Acquisitions I ............................................................................................. 39
7.1 Investment Banks as Insiders and the Market for Corporate Control .................................. 39
7.2 When It Pays to Pay Your Investment Banker ..................................................................... 42
Tutorial 8 Mergers & Acquisitions II ............................................................................................. 44
8.1 Wealth Destruction on a Massive Scale? A study of Acquiring-Firm Returns in the Recent
9.2 The Evolution of Capital Structure and Operating Performance after Leveraged buyouts:
Evidence from U.S. Corporate Tax Returns............................................................................... 50
Tutorial 10 Corporate Risk Management ....................................................................................... 52
10.1 The Real and Financial Implications of Corporate Hedging .............................................. 52
10.2 Hedging and Value in the U.S. Airline Industry ................................................................ 54
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