Anya Mkrtchyan
Judith Wilkinson O’Connell Faculty Fellow | Associate Professor
Anya Mkrtchyan received her PhD from Pennsylvania State University and was previously a faculty member at Northeastern University and the University of Calgary. Prior to academia, she worked at the Central Bank of Armenia and Grant Thornton.
Her research focuses on a variety of issues in empirical corporate finance, including corporate governance, board of directors, initial public offerings, venture capital, and innovation. She also studies corporate engagement in social and political issues.
Her research has been published in top finance and accounting journals, including the Journal of Financial Economics, Journal of Accounting and Economics, Management Science, and Journal of Financial and Quantitative Analysis. She is an associate editor at the Financial Review and the Vice President of the 2026 Program of the Southern Finance Association.
Education
Research Interests
Teaching Interests
- FIN 304 Financial Modeling
- FIN 305 Investments
- FIN 405 International Finance
- SCH-MGMT 641 Fundamental Principles of Financial Management
Awards
Selected Publications
"Are busy boards detrimental," with Laura Field and Michelle Lowry, 2013, Journal of Financial Economics 109, 63-82. https://doi.org/10.1016/j.jfineco.2013.02.004
"The effect of director experience on acquisition performance," with Laura Field, 2017, Journal of Financial Economics 123, 488-511. https://doi.org/10.1016/j.jfineco.2016.12.001
"Recruiting the CEO from the board: Determinants and consequences," with Udi Hoitash, 2018, Journal of Financial and Quantitative Analysis 53, 1261-1295. https://doi.org/10.1017/S002210901800011X
"Internal governance and outside directors' connections to non-director executives," with Udi Hoitash, 2022, Journal of Accounting & Economics 73, 101436. https://doi.org/10.1016/j.jacceco.2021.101436
"What do outside CEOs really do? Evidence from plant-level data," with John Bai, 2023, Journal of Financial Economics 147, 27-48. https://doi.org/10.1016/j.jfineco.2022.10.001
"CEO activism and firm value," with Jason Sandvik and Zhiwei Zhu, 2024, Management Science 70, 6519-6549. https://doi.org/10.1287/mnsc.2023.4971
"Employee responses to CEO activism," with Jason Sandvik and Da Xu, 2024, Journal of Accounting & Economics 78, 101701. https://doi.org/10.1016/j.jacceco.2024.101701