Boris Nikolov

Boris Nikolov is Professor of Finance at the University of Lausanne. Professor Nikolov is a regular speaker at major conferences and his research has been published in leading finance journals.

Professor Nikolov works on corporate finance and specializes in corporate governance, capital structure, and financing decisions. His recent research investigates how the product life cycle—the introduction and the withdrawal of products—affects corporate policies, firm valuation, and overall industry structure. Although new products are typically more profitable and are expected to last longer than old ones, their release implies product introduction costs, requiring firms to trade off the various benefits and costs at play. Data on firms' product portfolios shows that products lose nearly half their revenue creation capacity when they become old, that firms that supply fewer products are more exposed to product life cycles, and that the product life cycle has a substantial impact on firm value, industry structure, and corporate investment and financing decisions.

• Financial Institutions
  • Venture Capital and Private Equity
• Corporate Finance and Governance
  • Bankruptcy and Liquidation
  • Capital Budgeting and Investment Policy
  • Corporate Governance and Managerial Compensation
  • Financial Risk and Risk Management
  • Financial Valuation
  • Financing Policy and Capital Structure
  • Mergers and Acquisitions
• Frontier Topics
  • Big Data and Fintech
  • Sustainable Finance