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234C Econ Corporate Finance Lecture 6: External Investment (II) Ulrike Malmendier UC Berkeley Februar 20, 2007 Outline 1. Exams, Homeworks etc. 2. Wrap up of External Investment (I): Stylized Facts 3. External Investment (II): Corporate Control and Voting 4. External Investment (III): Market Ineciencies 5. External Investment (IV): Managerial Hubris 1 Exams, Homeworks etc. Exam (midterm, nal) Homeworks...
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234C Econ Corporate Finance Lecture 6: External Investment (II)
Ulrike Malmendier UC Berkeley
Februar 20, 2007
Outline
1. Exams, Homeworks etc.
2. Wrap up of External Investment (I): Stylized Facts
3. External Investment (II): Corporate Control and Voting
4. External Investment (III): Market Ineciencies
5. External Investment (IV): Managerial Hubris
1
Exams, Homeworks etc.
Exam (midterm, nal) Homeworks give a basic idea, but exams will be closer to research (theory : playing around with a dierent approach; empirics: evaluate an empirical approach, suggest an empirical approach). It is not necessary that you have done the homeworks. Similar to open questions asked in class, e.g. how an objective function would change if under dierent incentives; how to measure exogenous shocks to cash ow.
Field Exam in CF papers & topics discussed in class NOTE: I keep adjusting the syllabus to reect what ...
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