Toyota Strategy
Research Topics in Corporate Finance
Bocconi University
PhD in Economics and Finance ∗
May 29, 2012
Professors:
Nicolas Serrano-Vallerde (until 09/12: nicolas.serrano-velarde@sbs.ox.ac.uk)
Linus Siming (linus.siming@unibocconi.it)
Office hours: By appointment (Email)
Summary and aims: This Ph.D. course is designed to introduce doctoral candidates to ongoing research topics in corporate finance. This course surveys leading academic research in selected areas of corporate finance, focusing especially upon strengths and weaknesses of various research tools. Some recent working papers will be studied, in order to introduce students to the latest developments in the field and to help identify possible dissertation topics!
Pre-requisite: None
Course requirements: TBA.
Course: 2nd year Ph.D. course.
Reading Material: The course is based on articles and lecture notes.
Course Secretary: TBA.
∗
Draft - may (certainly will!) be subject to change.
1
Part 1, Siming
Recent Executive Compensation Topics, Exogenous Events, Corporate finance research can change the world
• R. Rajan and J. Wulf, 2006, “Are perks purely managerial excess?” Journal of Financial
Economics 79, 1-33.
• D. Yermack, 2006, “Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns,” Journal of Financial Economics 80, 211-242.
• B. D. Nguyen and K. Meisner Nielsen, 2012, “What Death can Tell: Are Executives Paid for Their Contributions to Firm Value?”, working paper.
• D. Yermack, 1997, “Good timing: CEO stock option awards and company news announcements,” Journal of Finance 52, 449-476.
• E. Lie, 2005, “On the timing of CEO stock option awards,” Management Science 51,
800-812.
• R. Heron and E. Lie, 2009, “Does backdating explain the stock price pattern around executive stock option grants?” Journal of Financial Economics 83, 271-295.
Corporate scandals and reform, You can get into trouble if you misconduct
• S. Kedia and T. Philippon,
Bocconi University
PhD in Economics and Finance ∗
May 29, 2012
Professors:
Nicolas Serrano-Vallerde (until 09/12: nicolas.serrano-velarde@sbs.ox.ac.uk)
Linus Siming (linus.siming@unibocconi.it)
Office hours: By appointment (Email)
Summary and aims: This Ph.D. course is designed to introduce doctoral candidates to ongoing research topics in corporate finance. This course surveys leading academic research in selected areas of corporate finance, focusing especially upon strengths and weaknesses of various research tools. Some recent working papers will be studied, in order to introduce students to the latest developments in the field and to help identify possible dissertation topics!
Pre-requisite: None
Course requirements: TBA.
Course: 2nd year Ph.D. course.
Reading Material: The course is based on articles and lecture notes.
Course Secretary: TBA.
∗
Draft - may (certainly will!) be subject to change.
1
Part 1, Siming
Recent Executive Compensation Topics, Exogenous Events, Corporate finance research can change the world
• R. Rajan and J. Wulf, 2006, “Are perks purely managerial excess?” Journal of Financial
Economics 79, 1-33.
• D. Yermack, 2006, “Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns,” Journal of Financial Economics 80, 211-242.
• B. D. Nguyen and K. Meisner Nielsen, 2012, “What Death can Tell: Are Executives Paid for Their Contributions to Firm Value?”, working paper.
• D. Yermack, 1997, “Good timing: CEO stock option awards and company news announcements,” Journal of Finance 52, 449-476.
• E. Lie, 2005, “On the timing of CEO stock option awards,” Management Science 51,
800-812.
• R. Heron and E. Lie, 2009, “Does backdating explain the stock price pattern around executive stock option grants?” Journal of Financial Economics 83, 271-295.
Corporate scandals and reform, You can get into trouble if you misconduct
• S. Kedia and T. Philippon,