Eduardo
Martínez Abascal

Professor of Financial Management

• Ph.D. in Economics and Business Administration, Universitat de Barcelona
• MBA, IESE, University of Navarra
• Bachelor of Economics, Universidad Autónoma de Madrid

Eduardo Martínez Abascal is Professor of Financial Management at IESE, since 1992. He holds a Doctorate in Economics and Business from the University of Barcelona, and an MBA from IESE, University of Navarra. He has also been a visiting scholar at the Sloan School of Management of the Massachussets Institute of Technology (MIT).

His teaching activities cover corporate finance, portfolio management and capital markets. During 20 years, he has taught in Executive Education Programs in Barcelona, Madrid, Munich, Shanghai, Lagos, Nairobi, El Cairo, Sao Paulo, Montevideo, México, Bogotá, and Washington D.C. among others.

He is currently the Academic Director of the PADE (Program for Managing Directors) in Barcelona and the Director of Relations with Associated Business Schools of IESE. He has been member of the Management Board of IESE during 12 years as Secretary General, Associate Dean for the MBA Program, Associate Dean for Executive Education and Associate Dean of the School.

He has been member of the advisory boards of several business schools (Nigeria, Kenya, Uruguay, Ecuador and Brazil).

His consultancy covers capital markets and business valuation. He is member of the Board of Directors at Grupo Nicolás Correa, Grupo AZA, ITC Group and he advises several other companies.

He has published 8 books, 4 book collaborations, 85 technical notes, 21 cases, 22 articles in specialized magazines, and more than 350 in daily financial press. He is columnist of El Periódico and has been a regular contributor in other media (Expansión, La Vanguardia, El Mundo, El País, etc.).

Books:

– Finance for Managers. Ed. McGraw-Hill. 1st Edition. 2012; also in Spanish 2012 (2nd Ed.) and in German in 2014..
– Gestión de carteras de renta fija. Ed. McGraw-Hill. 2002.
– PER y valoración en Bolsa. Ed. Pirámide. 2001.
– Invertir en Bolsa. Conceptos y Estrategias. Ed. McGraw-Hill. 1998.
– Derivados Financieros. Ed. Folio. Barcelona. 1997.
– Mercados de Capitales. Ed. Folio. Barcelona. 1997.
– Portfolio Management with Options and Futures. Ed. McGraw-Hill. 1993 (in Spanish).
– Weak Form Efficiency in the Spanish and European Stock Markets. Bolsa de Madrid.1993.

Areas of interest

* Capital markets
* Market efficiency
* Portfolio management and mutual funds
* Initial public offerings

Publications

Working Papers

MARTÍNEZ ABASCAL, E., PREGEL G. (1994). Weak form market efficiency: A comparison between the Spanish and the U.S. stock markets (DI-273-E).
RAHNEMA ALAVI, A., FERNÁNDEZ, P., MARTÍNEZ ABASCAL, E. (1993). Initial public offerings (IPOs): The Spanish experience (DI-243-E).
MARTÍNEZ ABASCAL, E., ARNILLAS M.L. (1992). Normalidad de las rentabilidades bursátiles (DI-237).

Articles in other publications

MARTÍNEZ ABASCAL, E. (2008). LogisWare, en busca de financiación. Estrategia Financiera (255), pp. 55 - 61.
MARTÍNEZ ABASCAL, E., GUASCH J., PRADA A. (2004). Rentabilidad y tendencias del sector bancario. Comparación internacional. Análisis Financiero (96), pp. 12 - 26.
MARTÍNEZ ABASCAL, E. (2002). La formación, una necesidad estratégica. e-Deusto (20), pp. 24 - 25.
MARTÍNEZ ABASCAL, E. (2002). ¿Se anticipa la bolsa a la economía? e-Deusto (18), pp. 49 - 54.
MARTÍNEZ ABASCAL, E. (2000). Comportamiento de las bolsas asiáticas. Harvard Deusto Finanzas y Contabilidad (35), pp. 74 - 80.

Books

MARTÍNEZ ABASCAL, E. (2012). Finance for Managers. London: McGraw-Hill Higher Education.
MARTÍNEZ ABASCAL, E. (2012). Finanzas para directivos. Boston: McGraw-Hill.
MARTÍNEZ ABASCAL, E. (2005). Finanzas para directivos. Boston: McGraw-Hill.
MARTÍNEZ ABASCAL, E., GUASCH J. (2002). Gestión de carteras de renta fija. Boston: McGraw-Hill.
MARTÍNEZ ABASCAL, E. (2001). PER y valoración en Bolsa. Madrid: Pirámide.

Book Chapters

MARTÍNEZ ABASCAL, E. (2000). ¿Sigue la bolsa a los tipos de interés?. En Joaquín Casasús [et al.] (Ed.), Bolsa e inversión (pp. 61 - 70). Barcelona: Ediciones Deusto.
MARTÍNEZ ABASCAL, E. (2000). ¿Se anticipa la bolsa a la economía?. En Joaquín Casasús [et al.] (Ed.), Bolsa e inversión (pp. 50 - 60). Barcelona: Ediciones Deusto.
FERNÁNDEZ, P., MARTÍNEZ ABASCAL, E. (1999). Normas de supervisión prudencial de riesgos en las instituciones de inversión colectiva. Una década de transformaciones en los mercados de valores españoles (pp. 186 - 195). Madrid: Comisión Nacional del Mercado de Valores.
MARTÍNEZ ABASCAL, E., RAHNEMA ALAVI, A. (1995). Repsol, S.A. In Paul Stonham, Keith Redhead (Eds.), European casebook on finance (pp. 50 - 76). Harlow, England: Prentice Hall.

Cases

MARTÍNEZ ABASCAL, E., EUFINGER, C., SIMÕES, O. R. (2019). Amazon 2018. Estrategia de negocio y estrategia financiera. IESE, F-945.
CARELLI, J. P., MARTÍNEZ ABASCAL, E. (2018). Novocabos 2016. Management of Working Capital. IESE, F-942-E.
CARELLI, J. P., MARTÍNEZ ABASCAL, E. (2018). Novocabos 2016. Gestión del fondo de maniobra. IESE, F-942.
MARTÍNEZ ABASCAL, E., VERGARA, C. (2017). El MBO de Hoffmann Saveurs. IESE, F-927.
MARTÍNEZ ABASCAL, E., VERGARA, C. (2017). The MBO of Hoffmann Saveurs. IESE, F-927-E.

Technical Notes

MARTÍNEZ ABASCAL, E. (2017). Resumen de Finanzas Operativas. IESE, FN-629.
MARTÍNEZ ABASCAL, E. (2017). Summary of Investment Project Analysis. IESE, FN-630-E.
MARTÍNEZ ABASCAL, E. (2017). Summary of Operational Finance. IESE, FN-629-E.
MARTÍNEZ ABASCAL, E. (2017). Análisis de proyectos de inversión. Resumen. IESE, FN-630.
GONZÁLEZ GARCÍA, G., MARTÍNEZ ABASCAL, E. (2014). Risk Management: Lendable Amount Control in Private Banking. IESE, FN-618-E.