Enrique R. Arzac
Professor Emeritus
Finance
CPN, University of Buenos Aires, 1963; MBA, Columbia, 1965; MA, 1966; PhD, 1968
Joined CBS in 1971
Office:
523
Uris
Phone:
212-854-4401
E-mail:
[email protected]
Fax:
212-854-7647
Personal Website
Curriculum Vitae
Biography
Professor Arzac is an expert on corporate finance and valuation. He teaches the advanced corporate finance courses in the MBA and Executive MBA programs, directs the Merger, Buyouts and Corporate Restructuring program for executives, and co-directs the Mergers and Acquisitions program for executives at London Business School. He is the author of the book Valuation for Mergers, Buyouts and Restructuring and has published many articles in finance and economics journals. His is currently studying valuation issues and practices in corporate acquisitions and the design of transactions structures. He has received many awards for teaching excellence, including the 1995 Margaret Chandler Award for Commitment to Excellence in teaching. Arzac is a director of the Adams Express Company, Petroleum and Resources Corporation and Credit Suisse Asset Management Funds.
Research
Journal articles
A Reconsideration of Tax Shield Valuation
In European Financial Management
(2005)
Coauthor(s): Enrique Arzac, Lawrence Glosten
Percs, Decs, and Other Mandatory Convertibles
In Journal of Applied Corporate Finance
(1997)
Coauthor(s): Enrique Arzac
Valuation of Highly Leveraged Firms
In Financial Analysts Journal
(1996)
Coauthor(s): Enrique Arzac
On the Capital Structure of Leveraged Buyouts
In Financial Management
(1992)
Coauthor(s): Enrique Arzac
Class Shares and Economies of Scope
In Journal of Economic Theory
(1991)
Coauthor(s): Enrique Arzac
Income Insurance with Uncertain Output
In International Economic Review
(1989)
Coauthor(s): Enrique Arzac
Do Your Business Units Create Shareholder Value?
In Harvard Business Review
(1986)
Coauthor(s): Enrique Arzac
A Mechanism for the Allocation of Corporate Investment
In Journal of Financial and Quantitative Analysis
(1983)
Coauthor(s): Enrique Arzac
Flotation Cost Allowance in Rate of Return Regulation: A Note
In Journal of Finance
(1981)
Coauthor(s): Enrique Arzac, Matityahu Marcus
A Theory and Test of Credit Rationing: Some Further Results
In American Economic Review
(1981)
Coauthor(s): Enrique Arzac, Robert Schwartz, David Whitcomb
The Leverage Structure of Interest Rates
In Journal of Money, Credit, and Banking
(1981)
Coauthor(s): Enrique Arzac, Robert Schwartz, David Whitcomb
A Quarterly Econometric Model of the United States Livestock and Grain Markets and Some of Its Policy Implications
In American Journal of Agricultural Economics
(1979)
Coauthor(s): Enrique Arzac, Maurice Wilkinson
Stabilization Policies for the United States Feed Grain and Livestock Markets
In Journal of Economic Dynamics and Control
(1979)
Coauthor(s): Enrique Arzac, Maurice Wilkinson
Portfolio Choice and Equilibrium in Capital Markets with Safety-First Investors
In Journal of Financial Economics
(1977)
Coauthor(s): Enrique Arzac, Vijay Bawa
Profits and Safety in the Theory of the Firm Under Price Uncertainty
In International Economic Review
(1976)
Coauthor(s): Enrique Arzac
Structural Planning Under Controllable Business Risk
In Journal of Finance
(1975)
Coauthor(s): Enrique Arzac
Utility Analysis of Chance-Constrained Portfolio Selection
In Journal of Financial and Quantitative Analysis
(1974)
Coauthor(s): Enrique Arzac
Books
Modeling Mergers and Buyouts with DealModeler: User's Manual and DealModeler Software
(2005)
Coauthor(s): Enrique Arzac
Valuation for Mergers, Buyouts, and Restructuring
(2005)
Coauthor(s): Enrique Arzac
Working papers
Back-Door Equity Financing: Citigroup's $7.5 Billion Mandatory Convertible Issue
(2008)
Coauthor(s): Enrique Arzac