Academic Research.

Research and Teaching

Alongside my work as an investor and strategic advisor, I am actively engaged in academic research and teaching. My research focuses on strategic decision-making in capital markets, with particular emphasis on M&A, investment behavior, and financial decision processes under uncertainty. The central objective is to develop empirically grounded insights that improve real-world strategic and financial decision-making.

I completed my postdoctoral research at the University of Oxford, where I developed financial models to quantify sustainability strategies. During my Ph.D. research at Heidelberg University and Harvard University, I examined strategic and financial decision-making by executives, investment banks, and investors in the context of mergers and acquisitions.

Further, I teach strategy and M&A at undergraduate, graduate, and Executive MBA level. In addition, I mentor highly gifted students in selective programs, including the Cambridge Centre for International Research, supporting early engagement with academic research and entrepreneurial thinking.

Recent Academic Papers

Ecer, C.F.J. (2024). Adaptive Strategy Modeling-Linking the Mechanics of Strategy, Finance, and Operations. Working Paper.

Ecer, C.F.J. (2023). ESG Modelling Framework: Quantification and Measurement of ESG Factors in the Profit and Loss Statement. Saïd Business School, University of Oxford. Working Paper.

Ecer, C.F.J. (2021). Essays on Behavioral Finance: Strategic and Financial Decision-Making in Mergers & Acquisitions. Heidelberg University. Dissertation.

Ecer, C.F.J., Trautmann, S.T. (2020). Done Deal! Advisor Impact on Pricing, Premiums, Returns, and Deal Completion in M&A. Harvard University and Heidelberg University. Working Paper.

Ecer, C.F.J. (2020). The Impact of the Lehman Shock on Strategic and Financial Decision Making of former Clients in M&A. Harvard University and Heidelberg University. Working Paper.

Ecer, C.F.J. (2020). The Impact of Advisors’ Industry and Country Experience on Announcement Returns in Buy-Side M&A. Harvard University and Heidelberg University. Working Paper.