Corporate Governance and Corporate Finance Spring semester 2009/2010 academic year Readings Instructor: Alexander Bukhvalov, PricewaterhouseCoopers Professor of Finance, Department of Finance and Accounting Web site: Contact hours: Tuesday, , room 217
Home Assignment. Class 1 Jensen M.C., Mekling W.H. Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure // Journal of Financial Economics 3 (4), 1976, Also available at Read on creditors as agency problem side.
Home Assignment. Class 2 La Porta et al. Corporate Ownership Around World // Journal of Finance 54 (2), 1998, Read on anti-director index: its composition and interpretation.
Home Assignment. Class 3 La Porta et al. Corporate Ownership Around World // Journal of Finance 54 (2), 1998, Consider the ultimate owner and control chains concepts.
Home Assignment. Class 4 La Porta et al. Corporate Ownership Around World // Journal of Finance 54 (2), 1998, Concentrate on conclusions concerning the quality of CG and various country CG systems.
Home Assignment. Class 5 Pagano M., Roell A The choice of stock ownership structure: Agency costs, monitoring and decision to go public. Quarterly Journal of Economics 113 (1): 187–225. Brau J. С., Fawcett S. E Initial public offering: An analysis of theory and practice. Journal of Finance 61 (1): 399–436.
Home Assignment. Class 6 Healy P.M., Palepu K.G The fall of Enron. Journal of Economic Perspectives 17 (2): 3–26.
Home Assignment. Class 7 Sarbanes-Oxley Act
Home Assignment. Class 8 Weston J.F. et al Takeovers, Restructuring, and Corporate Governance. Prentice-Hall. (in the library). Chapter “Takeover Defences”.