Andrea Carosi is Assistance Professor of Corporate Finance at the University of Sassari. His research field of interest prevalently concerns corporate governance, more specifically the mechanisms related to the board of directors and asset pricing, with particular attention to the dynamics linked to territoriality and the company evaluation. He was a Research Fellow at the Department Business Science at the University of Bologna and has taught Corporate Finance at the School of Economics at the University of Bologna and the Free University of Bozen-Bolzano. He graduated in Political Economy at the University of Bologna and achieved his Ph.D in Financial Markets and Intermediaries at the Università Cattolica del Sacro Cuore in Milan, with a thesis written on the politics of remuneration of boards of directors in the listed companies. He was a Ph.D exchange student in Finance at the Krannert School of Business (Purdue University, Indiana) and a visiting Professor at the Westminster Business School (Westminster University, London).
The evaluation of terms of convenience of investment projects. The determination of the value of a company. Understanding fiscal variables that determine the optimal financial structure. Venture capital and the principle problematic characteristics to the value of a company.
The course is intended to provide the conceptual and practical tools for evaluating and maximizing the value of the business. The themes of capital budgeting (investment assessment), company valuation, cost of capital and financial structure will be discussed.
Evaluation of investment projects. Evaluation of international projects. Financial structure. Optimal financial structure. Instability costs. Planning debt. The politics of dividends and stock buyback. Cost of the working capital of the company. The important role of capital and corporate governance.