BUFN753

Prerequisite: BUSI640. Restriction: Must be in one of the following programs (Business and Management (Master's); Business and Management (Master's)).Deals with corporate governance and its impact on shareholder value. Divergence of interests between corporate insiders and providers of funds leads to agency problems which can impair corporate performance and shareholder value. Various instruments of corporate governance - internal as well as external mechanisms - that can help align managerial incentives with those of outside investors, and hence help restore shareholder value will be studied.