COURSE UNIT TITLE

: CORPORATE FINANCE THEORY

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
DBA 6407 CORPORATE FINANCE THEORY ELECTIVE 3 0 0 6

Offered By

Business Administration (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR DOCTOR MÜBECCEL BANU DURUKAN SALI

Offered to

Business Administration (English)

Course Objective

Corporate Finance Theory is designed for students who aim to specialize in finance. This course exposes the students to the theoretical and empirical research done in the area of corporate finance and governance covering the topics of corporate governance and agency theory; capital budgeting; capital and ownership structures; dividend policy; firm valuation and cost of capital; financing policy; mergers and acquisitions; restructuring; executive compensation, behavioral corporate finance.

Learning Outcomes of the Course Unit

1   Illustrate theoretical foundations in the finance literature using the appropriate terminology and concepts.
2   Identify and evaluate the contributions of finance researchers to corporate finance literature.
3   Identify the links of research carried out and the theoretical framework.
4   Evaluate the literature on corporate finance topics and identify future research direction.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Field of Finance and Masters of Finance
2 Theory of the Firm and Agency Theory
3 Capital Structure Theory
4 Capital Structure
5 Dividend Policy
6 Financial Restructuring: Going Public
7 Financial Restructuring: Mergers and Acquisitions
8 ESG
9 Corporate Control and Governance
10 Capital Budgeting
11 Working Capital Management
12 Behavioral Corporate Finance
13 Research Ideas in Corporate Finance
14 Presentation

Recomended or Required Reading

1. Any advanced level textbook on Corporate Finance
2. Theoretical and empirical articles on each topic covered.

Planned Learning Activities and Teaching Methods

Lecture, article discussions, presentations.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 PRJ PROJECT
2 PAR PARTICIPATION
3 ASG ASSIGNMENT
4 FCG FINAL COURSE GRADE PRJ* 0.40 + PAR* 0.10 + ASG * 0.50


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. Students will define and illustrate terminology and concepts used in the finance literature.
2. Students will identify and evaluate research papers based on their contributions to finance theory.
3. Students will identify the links of research carried out and the theoretical framework.
4. Students will present the tehoretical and empirical papers on a corporate finance topics.
5. Students will prepare a written literature review of papers on the topics covered.
6. Students will prepare an extended summary of a potential research paper in the field of corporate finance.

Language of Instruction

English

Course Policies and Rules

1. Plagiarism of any type will result in disciplinary action.
2. Attending at least 70 percent of lectures is mandatory.
3. All assignments should be submitted on time. Otherwise will not be accepted.

Contact Details for the Lecturer(s)

Prof. Dr. M. Banu Durukan
E-mail: banu.durukan@deu.edu.tr
Tel: 0232 3018112

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 8 8 64
Preparation for final exam 0 0 0
Preparing assignments 8 2 16
Preparing presentations 1 1 1
Project Preparation 1 35 35
Final 0 0 0
Midterm 0 0 0
TOTAL WORKLOAD (hours) 158

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5
LO.1555
LO.2555
LO.355
LO.45555