24318 - Special Financial Operations

Academic Year 2012/2013

  • Docente: Sandro Sandri
  • Credits: 12
  • SSD: SECS-P/09
  • Language: Italian
  • Moduli: Sandro Sandri (Modulo 1) Stefano Mengoli (Modulo 2)
  • Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Business Administration (cod. 0897)

Learning outcomes

At the end of the course the student knows the major corporate restructuring financial operations (mergers and acquisitions, spin-off and carve out, private equity and venture capital) and knows in which cases, in which situations and under what circumstances they create value for shareholders. For this purpose knows in their theoretical and applied methods business valuation models: discounted cash flows, real options and multiples.

Course contents

Business valuation models: discounted cas flows, multiples and real options

Economic value added

Megers and acquisitions

Corporate restructuring: spin off, carve out and turn around

Corporate governace

Readings/Bibliography

R.A. Brealey, S.C. Myers e F.Allen, Principles of corporate finance, McGraw Hill 6th edition, 2010

Assessment methods

Written exame with exercizes, multiple choice and open questions

Office hours

See the website of Sandro Sandri

See the website of Stefano Mengoli