In this very last video, M. Thesmar discusses a famous case for acquisition: the Mannesmann Vodaphone case. Here, the objective is to consider the different aspects of an acquisition process, beginning with a way to estimate the probability of success of the deal. Then, the speaker explains how...

What is the best for a firm when thinking about the reaction of markets to its announcements? This is the question that M. Thesmar addresses in this speech about financial communication. He mentions the idea of a pecking order in financing sources and goes over an example to illustrate his speech.

In this video, M. Thesmar uses a case study to discuss payout policy, and the different things that influence it. He also takes the opportunity to do another financial analysis, with the famous 4 step method (videos 3 to 6 ).Afterwards, the reaction to a dividend announcement is exposed,...