Empirical corporate finance and banking

The objective of this unit is to develop critical economic reasoning and understanding of important empirical regularities in corporate finance and financial intermediation. This unit builds on introductory corporate finance and banking studies and analyses a variety of issues by introducing a study of recent empirical literature. There is a strong focus on research with a selective and critical examination of empirical research in corporate finance and financial intermediation. The advanced topics covered include market efficiency and event studies, security offerings, corporate takeovers, and capital structure, dividend policy, corporate governance, financial tunnelling, bank capital and revenue and non-bank intermediation.