Behavioural Corporate Finance

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB087A05
Vaknaam Behavioural Corporate Finance
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester I a
ECTS 5
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Uitgebreide vaknaam Behavioural Corporate Finance
Leerdoelen Upon completion of this course, the student is able to:
1. Contrast the main traditional theories in the field of corporate finance to the ones used in behavioral corporate finance.
2. Explain the main psychological drivers that are relevant in corporate financial decision making.
3. Relate behavioral concepts to observed behavior in the field of corporate finance.
4. Illustrate how psychology affects capital structure, dividend policy, capital budgeting, mergers and acquisitions, and risk management.
5. Present an academic paper, discuss a case from practice, and reflect on the work of others.
Omschrijving The course will identify and apply behavioral phenomena to the study of corporate financial decision making. The course provides psychology-based explanations for observed corporate and managerial behaviors that do not fit well within the neoclassical framework of traditional corporate finance.
Uren per week 4
Onderwijsvorm hoor- en werkcolleges
Toetsvorm opdracht(en), schriftelijk tentamen met open vragen
Vaksoort bachelor
Coördinator dr. M.M. Kramer
Docent(en) dr. M.M. Kramer
Verplichte literatuur
Titel Auteur ISBN Prijs
Behavioral Corporate Finance, 2nd edition, 2017, McGraw-Hill Education H. Shefrin 9781259254864 ca. €  60,00
Selection of academic papers
Entreevoorwaarden Recommended: course on fundamentals of corporate finance
Opmerkingen Secretary: Ms. G. Pol, phone: (0)50 3633685, e-mail: g.pol@rug.nl, room 5411.0836
Opgenomen in
Opleiding Jaar Periode Type
BSc Economics and Business Economics/E&BE  (minor E&BE) 3 semester I a keuze
Courses open to Exchange Students (BSc)  ( Courses open to Exchange Students (BSc) without limited access) 3 semester I a keuze