Lectures related to Foundations of Financial Economics

Modigliani/Miller Theorem: Capital Structure and Firm Value

Delves into the Modigliani/Miller Theorem, showing how a firm's value remains unaffected by its capital structure in perfect markets.

Corporate Debt Financing: Impact and Strategies

Explores the rise of debt as a financing tool for corporations post the 2008 financial crisis and analyzes the impact of corporate bond issuances.

Tax Benefits of Debt: Maximizing Firm Value

Delves into the impact of debt on firm value through tax benefits and valuation methods, using real-world examples like Nestle's debt policy.

Principles of Finance: Debt, Taxes, and Firm Value

Explores the impact of debt and taxes on firm value and shareholder wealth, covering Modigliani/Miller theorem, leverage effects, debt financing mechanics, and valuation methods.

Principles of Finance: APV and Debt Levels

Covers Adjusted Present Value and debt levels' impact on interest tax shields and project valuation.

Valuation Methods: APV vs. WACC

Covers the APV valuation method, comparing it to the WACC method and discussing the Flow-to-Equity method and default costs.

Financial Management: Leverage and Cost Analysis

Explores leverage, cost analysis, breakeven sales, and contribution margin in financial management.

Sources of Capital & Financial Modelling

Covers the importance of financial data for startups and sources of capital.

Bond Ratings and Default Spread

Explores bond ratings, default rates, capital structure optimization, dividend policies, and shareholder value distribution.

Modigliani/Miller Theorem: Firm Value and Capital Structure

Explores the Modigliani/Miller Theorem, showing how firm value remains unaffected by financing policy in ideal capital markets.

Principles of Finance: Capital Structure and Cost of Capital

Explores capital structure decisions, WACC method, leverage, valuation methods, betas estimation, and project-based cost of capital.

Financial Decision Making: Should the Firm Build the Plant?

Covers a financial decision-making example, capital structure, leverage, and debt overview.

Company Law: Capital Structure and Governance

Explores company law, covering capital structure, governance, financial distress, liability, and legal structures.

Principles of Finance: Portfolio Optimization and CAPM

Explores portfolio optimization, efficient frontier, CAPM, and risk management in finance.

Principles of Finance: Risk and Return

Explores the principles of finance regarding risk and return in investment decisions.

Nestlé Shareholder Dividends

Explores Nestlé shareholder dividends, types of firms, balance sheets, income statements, and corporate finance concepts.

Principles of Finance: Costs and Default Analysis

Explores tax benefits, debt costs, default factors, and financial distress evaluation.

Financial Management and Accounting Decisions

Explores financial result analysis, new reporting systems, and the significance of budgeting in accounting decisions.

Pitching & Negotiating for Capital

Explores pitching and negotiating for capital, focusing on necessity, quality, and leadership in task breakdown, roadmap building, and aligning tasks for successful product delivery and finance.

Valuing Firms and Projects

Introduces the DCF method for valuing firms and projects, emphasizing the importance of using cash flows over earnings in finance.