Corporate Finance and Labor Markets (5 cr)

Code:
26087
Field:
Labor Economics
Targets:
Research Master's students PhD students Master’s students
Organiser:
Hanken School of Economics
Instructor:
Joacim Tåg
Period:
Period 2
Format:
Participation in teaching
Method:
Contact teaching
Venue:
Hanken Helsinki and Vaasa
Enrollment:

In case of conflicting information consider the Sisu/Moodle pages the primary source of information.

Aalto, Hanken and UH economics students can enroll through their home university’s SISU. Further instructions are available on the How to enroll? page, also for students from other universities.

If you would like to count the credits towards your degree, please check your curriculum or contact your supervisor or student services for guidance.

  • A Moodle course key will be sent by email (to your Hanken email address) or it is posted as a message in Sisu couple of days before the course starts.
  • Log in with your Hanken username to be able to use all the features of the course workspace.
  • More tips for enrolling in Moodle can be found here.

This course explores the relationship between corporate financial decisions and labor markets, integrating insights from corporate finance and labor economics. It is structured around five modules:

  • Mergers and acquisitions
  • Corporate ownership (e.g., family firms, listed firms, private equity, and state ownership)
  • Firm investments in new technologies
  • Capital structure and bankruptcy
  • Booms and busts

Each module examines how corporate decisions shape human capital within firms, wage structures, and career trajectories. The modules also consider how government policies, such as labor market regulations, influence corporate behavior.

Designed for advanced master’s and PhD students in economics or finance, this course is particularly relevant for those interested in corporate strategy, labor markets, and financial decision-making. It provides essential analytical tools for students pursuing careers in finance, consulting, policy analysis, or academia, helping them understand how corporate policies interact with labor markets. It also offers valuable insights for students seeking a deeper understanding of how firms’ financial decisions impact their own careers and wages.

A strong emphasis is placed on academic research, equipping students with the skills to critically engage with empirical journal articles in corporate finance and labor economics. The course thus serves as a solid foundation for empirical thesis work at both the MSc and PhD levels.

After completing the course, you will be able to:

  • Analyze how corporate policies and ownership affect human capital within firms and the career trajectories of workers
  • Engage in policy discussions on how corporate decisions interact with labor markets.s.
  • Understand how academic research in corporate finance and labor economics is conducted.