Behavioral Corporate Finance
X51.9153
/ $795
SPRING 2010
Continuing Education:
Finance
Behavioral corporate finance comprises two distinct theories. The first emphasizes that investors are less than fully rational. It views managerial financing and investment decisions as rational responses to securities market mispricing. The second approach emphasizes that managers are less than fully rational. It studies the effect of nonstandard preferences and judgmental biases on managerial decisions. Review the theory, empirical challenges, and current evidence pertaining to each approach. Overall, the behavioral theories help to explain a number of important financing and investment patterns.
This course is applicable toward:
Related Subject Areas: Financial Analysis
Course Materials
Section 1
Thursday 6:30pm-9:00pm
February 25 - April 29
No class 3/18, 4/1.
8 Sessions
Instructor:
Zachary Michaelson
Location: Norman Thomas Center, 111 E 33
