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George Blazenko

Professor Emeritus, Finance


Room: WMC 3335

Phone: 778.782.4959


Curriculum Vitae: View


B.A. (Simon Fraser), M.A. (Western), Ph.D. (University of British Columbia)..


Professor George Blazenko teaches the Financial Management course in the Executive MBA Program. His recent publication, Corporate Leverage and the Distribution of Common Share Returns, is forthcoming in the Journal of Business Finance and Accounting.

Research Interests

Economics of insurance, analysis of corporate contingent claims and option pricing, corporate financial policy and pricing of initial public offerings.

Selected Publications

articles and reports

Fu, Y., & Blazenko, G. W. (2017). Normative portfolio theory. International Review of Financial Analysis, 52, 240-251.

Blazenko, G., & Yeung, W. H. (2015). Does R & D create or resolve uncertainty? Journal of Risk Finance, 16(5), 536-553.

Blazenko, G., Pavlov, A. D., & Yeung, W. H. (2015). Business investment and economic depreciation. Journal of Accounting, Finance and Economics, 5(1), 84-100.

Fu, Y., & Blazenko, G. (2015). The Equity as a Call Option Hypothesis for the Value Premium. International Research Journal of Finance and Economics, 130(1), 55-70.

Fu, Y., & Blazenko, G. (2015). Returns for dividend paying and non-dividend paying firms. International Journal of Business and Finance Research, 9(2), 1-15.

Fu, Y., Blazenko, G., & Eddy-Sumeke, F. (2014). Business profit and consumer price sensitivity. Journal of Business and Economic Management, 2(6), 84-96.

Blazenko, G. W., & Fu, Y. (2013). Value versus growth in dynamic equity investing. Managerial Finance, 39(3), 272-305.

Blazenko, G. W., Pavlov, A. D., & Eddy-Sumeke, F. (2012). New venture start-ups and technological innovation. International Journal of Managerial Finance, 8(1), 4-35.

Blazenko, G., & Pavlov, A. D. (2010). Investment timing for new business ventures. Journal of Entrepreneurial Finance, 15(1), 37-68.

Blazenko, G. W., & Pavlov, A. D. (2010). Value maximizing hurdle rates for R&D investment. Economics of Innovation and New Technology, 19(8), 693-717.

Blazenko, G. W., & Pavlov, A. D. (2009). Investment timing for dynamic business expansion. Financial Management, 38(4), 837-860.