Department of Accounting, Auditing and Law

E-mail:	Carl.Norstrom@nhh.no
Telephone:	+47 55 959 312
Fax:	+47 55 959 320
Title:	Professor, Dr.oecon, Dr.h.c.
Date of birth:	06.01.1936
Nationality:	Norwegian
Teaching languages:	Norwegian, English, (German, if necessary)
Teaching areas/course definitions
Former areas of teaching	Investment Theory/Capital Budgeting Managerial Accounting Managerial Economics Accounting Theory
Research:
Present:	History of Business Administration
Former:	Investment Theory/Capital Budgeting Accounting Theory
Selected publications:	The Abandonment Decision under Uncertainty Swedish Journal of Economics , Vol. 72, 1970   Uniqueness of the Internal Rate of Return with Variable Life of Investment: A comment, Economic Journal, Vol. LXXX, December 1970.   A Modification of the Internal Rate of Return Method, Statsøkonomisk Tidsskrift, nr. 4, 1971   A Mathematical Connection Between the Present Value, The Rate of Return and the Scale of an Investment, Journal of Business Finance, Vol. 4, No. 2, 1972.   A Sufficient Condition for a Unique Nonnegative Internal Rate of Return , Journal of Financial and Quantitative Analysis, Vol. VII, No. 3, June 1972.   Optimal Capital Adjustment under Uncertainty, Journal of Economic Theory, Vol. 8, No. 2, June 1974.   A Stochastic Model for the Growth Period Decision in Forestry, Swedish Journal of Economics, Vol. 77, 1975.   A Comment on Two Simple Decision Rules in Capital Rationing, Journal of Business Finance and AccountingVol. 3, No. 2, Summer 1976.   Bernhard, R.H. and C.J.Norstrøm, A Further Note on Unrecovered Investment, Uniqueness of the Internal Rate, and the Question of Project Acceptability, Journal of Financial and Quantitative Analysis, Vol. XV, No. 2, June 1980.   The Deprival Value of Durable Assets, Accounting and Business Research, No. 60, Autumn 1985.   Accounting versus Economic Valuation in a Simple Inventory Model, Engineering Costs and Production Economics, Vol. 14, 1988   Kritische Wurdigung des internen Zinsfusses, Schmalenbachs Zeitung für Betriebswirtschaftliche Forschung, Heft 2, Februar 1990.   Die Entwicklung der Betriebswirtslehre in Norwegen unter besonderer Berücksichtigung des deutschen Einflusses. Schmalenbachs Zeitung für Betriebswirtschaftliche Forschung, Heft 5, 1995.   Break-even Analysis with Nonlinear Revenue Functions: A Note, Scandinavian Journal of Management, Volume 12, No. 2, 1996.
Visiting professor/visiting scholar:
	University of Michigan, Ann Arbor, Michigan, 1970-1971. Carnegie Mellon University, Pittsburgh, Pennsylvania, 1977-1978. Rice University, Houston, Texas, April 1984. The Ruhr University in Bochum, Western Germany, April-June 1988 University of Michigan, Ann Arbor, Michigan, Spring 1991
Other interests/involvements:
	Member of the Board of the Norwegian School of Economics and Business Administration, 1975-1976 and 1988-1989. Member of the Council of Social Sciences, the Norwegian Council for Science and Humanities, 1979 -1981. Chairman of the Committee on Graduate Studies, the Norwegian School of Economics and Business Administration, 1984-1985. Chairman of the Department of Economics and Business Administration, the Norwegian School of Economics and Business Administration, 1988-1989. Chairman of the Doctoral Committee, the Norwegian School of Economics and Business Administration, 1990-1995. Vice-rector, the Norwegian School of Economics and Business Administration, 1993-1995. Rector, the Norwegian School of Economics and Business Administration, 1996 - Vice-chairman, The Norwegian University Council, 1996 - Member CEMS Executive Board, 1996 - "Ehrendoktor" at Christian-Albrechts-Universität zu Kiel, 1996. Member "ACADEMIA SCIENTIARIUM ET ARTIUM EUROPAEA", 1996 -

Last updated: 2002-04-25. Contact: Gøril Vikøren Nøkleby