Every investment decisions of creativity and innovation demands the application of modern financial concepts. However, advanced theories are set in the context of steady economies and do not capture the instabilities now prevailing in the developed world, the intricacies of operating in less-efficient markets with institutional constraints, or the situation facing less diversified investors such as privately owned companies or closely-held conglomerates. It is surprising that little has been done to adapt financial principles to these special situations. Key concepts of financial theory will be reviewed with a focus on investment decisions in real assets as it relates to investors in unstable markets.
Prerequisites: This is an advanced course. Thus, attendants must be proficient in corporate finance and the use of Excel. In addition, knowledge of firm valuation is important.
Miha Škerlavaj is Associate Professor at the Department of Leadership and Organizational Behavior at BI Norwegian Business School, and Adjunct Associate Professor of Management at the University of Ljubljana. He holds a PhD in Management and Organization from University of Ljubljana (2007).
Professor Skerlavaj has been rewarded with several national and international awards, such as Best Conference Proceedings at the Academy of Management, and the CEEMAN Champions Research Award in 2013 among others. He has published in international journals such as Academy of Management Journal and European Management Review.