Governance and Financial Markets
A.Y. 2023/2024
Learning objectives
The course has two objectives. First, it offers an analysis of the interaction between business structures and governance mechanisms and explores the different interpretational methods developed for dealing with governance issues. Second, it provides students with the tools necessary to analyse companies' investment and financing decisions across the various stages of their life cycle, with due regard to how financial markets operate and the specific operating procedures of the financial institutions with which companies interact.
Expected learning outcomes
Upon completion of the course, students will be able to: demonstrate a broad overview of corporate governance issues and how they apply to different business structures; evaluate the real investment available to companies; identify the various sources of financing available to companies; understand the characteristics and workings of the markets and the main financial instruments; understand the characteristics, functions and operating procedures of different financial intermediaries.
Lesson period: First semester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course can be attended as a single course.
Course syllabus and organization
Single session
Responsible
Lesson period
First semester
In case of activation of emergency teaching, due to the pandemic situation, the lessons will take place according to the procedures provided by the University.
Course syllabus
Attending Students
- Introduction: companies, governance, cash-flows, financial intermediaries and markets.
- Valuation of financial derivatives
- How to use economic and financial databases
- Management of ESG in non financial corporations
- Management and governance of securities firms
- Governance in banks
- Extraordinary finance transactions and their effects on corporate governance
- Introduction: companies, governance, cash-flows, financial intermediaries and markets.
- Valuation of financial derivatives
- How to use economic and financial databases
- Management of ESG in non financial corporations
- Management and governance of securities firms
- Governance in banks
- Extraordinary finance transactions and their effects on corporate governance
Prerequisites for admission
There are no further pre-requisites with respect to the provisions of the academic regulations.
Teaching methods
The teaching in the classroom will be interactive
Teaching Resources
Ayyending students:
- L. Anderloni - M.D. Braga "Il finanziamento delle startup e delle PMI, Pearson, 2019 - Ch. I, App. I e II
- Saunders, Cornett, Anolli, Alemanni, Economia degli Intermediari finanziari, McGraw Hill, Edizione 5, Chap. 9.
- Documents and readings provided during the course and upload on ARIEL
- L. Anderloni - M.D. Braga "Il finanziamento delle startup e delle PMI, Pearson, 2019 - Ch. I, App. I e II
- Saunders, Cornett, Anolli, Alemanni, Economia degli Intermediari finanziari, McGraw Hill, Edizione 5, Chap. 9.
- Documents and readings provided during the course and upload on ARIEL
Assessment methods and Criteria
Exams are written tests.
Questions will be both theoretical and cases (problem solving).
Questions will be both theoretical and cases (problem solving).
SECS-P/11 - FINANCIAL MARKETS AND INSTITUTIONS - University credits: 9
Lessons: 63 hours
Educational website(s)
Professor(s)
Reception:
on demand via mail
Department Scienze Giuridiche "Cesare Beccaria" - Section Economics and Fiscal Law