Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
PRONTUARIO
ALTERNO:
The Physics of Wall Street: A Brief History of
Predicting the Unpredictable. (2014) James Owen
Weatherall. Mariner Books
El primer da de clase se proveern preguntas guas sobre este texto, las que
deber contestar en forma de reporte escrito al finalizar el curso.
Estas preguntas sern las bases para el debate del fin de curso.
Cada estudiante ser evaluado a base del total de puntos obtenidos en el curso,
de un mximo de puntos que se pueden obtener, de acuerdo al peso de cada
criterio en la nota final.
IX. Referencias
3. Investopedia: www.investopedia.com
4. Invest-o-Rama: www.investorama.com
www.montgomeryfunds.com, www.americancentury.com,
www.cme.com/span/span.html
www.duke.edu/~charvey/country_risk/country_idx.html
www.geocities.com/wallstreet/floor/6300/
http://edgeonline.com/main/buizbuilders/BIZ/financialmgt/ratios.shtm
http://dodona.lib.sfu.ca.kiosk/efairey/ratioan.html
General
Economic Data
Industry Data
Company Data
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1) Textos bsicos:
VIII. ARTICLES
Payout Policy:
Bechmann, Ken L. and Johannes Raaballe (2010a), Taxable Cash
Dividends A Money-Burning Signal, European Journal of Finance,
16, 1-26.
Bechmann, Ken L. and Johannes Raaballe (2010b), Payout to
Shareholders What Do We Mean and How to Measure It?, Working
paper.
Miller, Merton, and Kevin Rock, 1985, Dividend policy under
asymmetric information, Journal of Finance 40, 1031-1051.
La Porta, Rafael, F. Lopez de Silanes, Andrei Shleifer, and Robert
Vishny, 2000, Agency problems and dividend policy around the world,
Journal of Finance 55, 1-33.
Allen, Franklin, and Roni Michaely, 2002, Payout policy, University of
Pennsylvania working paper.
Brav, Alon, John Graham, Campbell Harvey, and Roni Michaely, 2004,
Payout policy in the 21st century, Duke University working paper.
Other References:
o Lintner, J., 1956, Distributions of incomes of corporations among
dividends, retained earnings, and taxes, American Economic
Review 46, 97-113.
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IPOs
Andrew Ellul and Marco Pagano, IPO Underpricing and After-Market
Liquidity, Review of Financial Studies, Summer 2006, 381-422.
Alti, Aydogan, IPO Market Timing, Review of Financial Studies, Fall
2005, 1105-1138
Corwin, Shane, and Paul Schultz, The Role of IPO Underwriting
Syndicates: Pricing, Information Production, and Underwriter
Competition, Journal of Finance, February 2005, 443-486
Kevin Rock, 1986, Why new issues are underpriced, Journal of
Financial Economics 15, 187-212.
Jay Ritter, 1987, The costs of going public, Journal of Financial
Economics, 19, 269-281.
Jay Ritter, 1991, The long-run performance of initial public offerings,
Journal of Finance 46, 3-27.
Katharina Lewellen, Risk, Reputation, and IPO Price Support, Journal
of Finance, April 2006, 613-653.
Loughran, Timothy, and Jay Ritter, 1995, The new issues puzzle,
Journal of Finance 50, 23-51.
Other References:
o Asquith, Paul, and David Mullins, 1986, Equity issues and offering
dilution, Journal of Financial Economics 15, 61-89.
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SEOs
Spiess, K. and J. Affleck-Graves, 1995, Underperformance in long run
stock returns following seasoned equity offering, Journal of Financial
Economics 38, 243-267.
Bayless, M. and S. Chaplinsky, 1996, Is there a window of opportunity
for seasoned equity issuance?, Journal of Finance 51, 253-278.
Teoh, S., I. Welch, and T. Wong, 1998, Earnings management and the
underperformance in seasoned equity offerings, Journal of Financial
Economics 50, 63-99.
Eberhart, Allan, Akhtar Siddique, 2002, The Long-Term Performance of
Corporate Bonds (and Stocks) Following Seasoned Equity Offerings,
Review of Financial Studies 15, 5, 1385-1406.
Other References:
o Masulis, R. and A. Korwar, 1986, Seasoned equity offerings: an
empirical investigation, Journal of Financial Economics 15, 91-118.
o Loughran, T. and J. Ritter, 1997, The operating performance of
firms conducting seasoned equity offerings, Journal of Finance 52,
1823-1850.
o Clarke, Jonathan, Craig Dunbar, and Kathleen Kahle, 2001, Long-
Run Performance and Insider Trading in Completed and Canceled
Seasoned Equity Offerings, Journal of Financial and Quantitative
Analysis 36, 4, 415-30
o Corwin, Shane, 2003, The Determinants of Underpricing for
Seasoned Equity Offers, Journal of Finance 58, 5, 2249-79
o Gibson, Scott, , Assem Safieddine, and Ramana Sonti, 2004, Smart
Investments by Smart Money: Evidence from Seasoned Equity
Offerings, Journal of Financial Economics, 72, 3, 581-604
Financial Distress
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Restructuring:
Slovin, Myron B., Marie Sushka, and Steven Ferraro, 1995, A
Comparison of the Information Conveyed by Equity Carve-outs, Spin-
offs, and Asset Sell-offs, Journal of Financial Economics, 37, 1, 89-104
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Behavioural Finance:
Kahneman, Daniel, and Amos Tversky, 1979, Prospect theory: an
analysis of decision making under risk, Econometrica 47, 263-291.
Barberis, Nicholas, and Richard Thaler, 2003, A survey of behavioral
finance, in Handbook of the Economics of Finance Constantinides,
Harris, and Stulz editors, North-Holland.
Game Theory
Thakor, Anjan "Game Theory in Finance," Financial Management,
Spring 1991, 71-94.
Cho, In-Koo and David Kreps "Signaling Games and Stable Equilibria,"
Quarterly Journal of Economics, 102(2), May 1987, 179-221.
INTERNET (Additional references and connections to internet would be given during the
semester). En orden sugerido para investigacin.
http://en.wikipedia.org/wiki/Financial_mathematics
http://www.careers-in-finance.com/
http://orfe.princeton.edu
http://en.wikipedia.org/wiki/Chartered_Financial_Analyst
http://www.princeton.edu/~bcf/
http://www.orie.cornell.edu/
http://www.financeprofessor.com/
http://www.iafe.org/ (Organizacin Int. de Ing Financieros)
http://en.wikipedia.org/wiki/Chartered_Financial_Analyst
http://en.wikipedia.org/wiki/Annual_percentage_rate
http://en.wikipedia.org/wiki/Mortgage_loan