Corporate Finance Lecture 4: Conflicts of Interest

This video is a part of online course on Corporate Finance by Professor Aswath Damodaran of NYU.

This video discusses:

• Alternative Corporate Governance System
• Choose a Different Objective Function
• Maximize Stock Prices
• The Stockholder Backlash
• The Hostile Acquisition Threat
• Independent Boards
• The bondholders' Defense Against Stockholder Excesses
• The Financial market Response
• The Social Response
• The Counter Reaction
• Risk and Return Model