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Class Meeting Days |
Topics
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Projects
and other Deadlines
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Class 1
September 6 |
Porter Analysis, Corporate Strategy and Valuation
Objective: To show the dependence of project/firm valuation on marketing/ management/ production decisions |
Form your groups |
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Class 2
September 13 |
How Marketing Strategy can be improved/monitored through Modified Dupont |
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Class 3
September 20 |
Case Analysis: TJX vs Nordstrom |
Palepu, Healy and Bernard, Chapter 5
Case: Nordstrom vs. TJX |
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Class 4
September 27 |
Interactions between Capital Structure and Strategic Decision-Making |
Chapter 16, "Bankruptcy Costs and Debtholder-Equityholder Conflicts" in Grinblatt and Titman (2001) |
Class 5
October 04 |
Capital Structure and Product Quality
Capital Structure and Hiring Policy
Capital Structure and Pricing Decisions |
Chapter 17, “Capital Structure and Corporate Strategy” in Grinblatt and Titman (2001) |
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Class 6
October 11 |
Capital Structure and Bargaining
Capital Structure and Competitive Strategy
Capital Structure and Location Decisions |
Chapter 17, “Capital Structure and Corporate Strategy” in Grinblatt and Titman (2001)
"Caterpillar Workers Ratify Deal They Dislike," New York Times, Aug. 18, 2012. |
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Class 7
October 18 |
Midterm
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Class 8
October 25 |
Risk Management and the Firm
Hedging and Reduction of Financial Distress Costs
Hedging and Improved Planning for Future Capital Needs
Hedging and Improved Management Compensation Design |
Chapter 16: Risk Management in Nonbank Corporations in Crouhy, Galai and Mark (2001)
“A Framework For Risk Management,” by Kenneth Froot, David Scharfstein and Jeremy Stein in HBR (1994)
Chapters 3 and 4: A Firm-Wide Approach to Risk Management in Rene Stulz, Risk Management and Derivatives
Chapter 21: Risk Management and Corporate Strategy in Grinblatt and Titman (2001)
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Class 9
November 1 |
Risk Management -- Tools
Group Presentations |
Regression; Hedging Techniques – Options, Futures, Forwards |
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Class 10
November 8 |
Risk Management: Case |
Case: Risk Management at Apache, HBS case 9-201-113 |
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Class 11
November 15 |
Real Options: Introduction |
Chapter 11.2, “Valuing Strategic Options with the Derivatives Methodology” in Grinblatt and Titman (2001)
Chapters 1-4 from Copeland and Antikarov (2003) |
Class 12
November 29 |
Real Options: Techniques |
Chapter 5: “Numerical Methods for Simple Options” from Copeland and Antikarov (2003) |
Class 13
December 6 |
Real Options: |
CITIC Tower II Case |
Class 14
December 13 |
Final Exam |
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