Eduardo
Martínez Abascal

Professor of Financial Management

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

Eduardo Martínez Abascal is a Full Professor in financial management at IESE, where he has taught since 1989. He holds a PhD in economics and business sciences from the University of Barcelona and an MBA from IESE. He has also been a visiting scholar at the Sloan School of Management at the Massachusetts Institute of Technology (MIT).

Teaching. Initially, his teaching focused on capital markets and portfolio management, but since 2002 he has evolved to corporate finance and business valuation. Over the past 20 years, he has taught classes in senior management programs in Barcelona, ​​Madrid, Munich, Dublin, Shanghai, Lagos, Nairobi, Cairo, São Paulo, Montevideo, Mexico, Bogotá, Lima and Washington DC, among others.

Management activity. He has been a member of the IESE Executive Committee for 12 years, as Secretary General, Associate Dean for MBA programs and Executive Education programs, and finally as General Director. His current responsibilities include: academic director Executive Education programs, director of the IESE campus in Munich, and director of the IESE-Brazil Committee. He also manages relations with IESE associated business schools.

Consulting and Boards. His area of consulting covers corporate finance and company valuation; but he devotes more time to boards of directors (or advisory boards) of which he is a member. He is also (or has been) a member of the advisory board of several IESE associated business schools: Kenya, Nigeria, Ecuador, Portugal, and Uruguay.

Publications. He has published 8 books, 4 collaborations in books, 85 technical notes, 25 cases, 22 articles in specialized publications, and more than 450 in daily newspapers. He has been a columnist for Expansión and El Periódico. He has regularly collaborated in other media: La Vanguardia, El Mundo, El País, etc.

Books:

  • Finance for Managers, Ed. Amazon, 2nd Edition, 2023; also, in Spanish in 2023 (3rd Ed.), in German in 2014 and Portuguese 2019. The 1st Edition was in Spanish, McGraw-Hill, 2005.
  • Fixed-income portfolio management, Ed. McGraw-Hill, 2002.
  • PER and stock market valuation, Ed. Pyramid, 2001.
  • Investing in the Stock Market. Concepts and Strategies, Ed. McGraw-Hill, 1998.
  • Financial Derivatives, Ed. Folio, Barcelona, ​​1997.
  • Capital Markets, Ed. Folio, Barcelona, ​​1997.
  • Futures and Options in Portfolio Management, Ed. McGraw-Hill, 1993.
  • Weak Stock Market Efficiency, Madrid Stock Exchange, 1993.

Professor blog

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. (2024). PolyPanel. Financiar el crecimiento. IESE, F-1000. MARTÍNEZ ABASCAL, E. (2024). PolyPanel. Financing growth. IESE, F-1000-E. MARTÍNEZ ABASCAL, E. (2024). Fresatrice Bertone Group: financiación en tiempos de crisis. IESE, F-1001. MARTÍNEZ ABASCAL, E. (2024). Fresatrice Bertone Group: financing in times of Crisis. IESE, F-1001-E. MARTÍNEZ ABASCAL, E. (2022). Warehouse Industries. A Listed Company Acquires a Competitor. IESE, F-987-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.