Garen Markarian

Professor of Accounting

Garen is a Professor at the Department of Accounting and Control at HEC Lausanne

I am mainly a struggling accounting professor pretending to be a financial economist, and trying to convince the econ people that I am really one of them. My research interests are at the intersection of accounting earnings and stock prices, and more broadly understanding the link between accounting and stock markets. Nonetheless, my true interest is accounting history and historiography. My wife constantly reminds me that I opine about everything but I know nothing about anything. She is right.


If you are from the media or the financial services industry – please continue to the following very exaggerated self-aggrandizing bio: Garen Markarian is a professor of accounting at HEC – University of Lausanne. As an international scholar specializing in corporate finance and governance, he has taught at WHU-Otto Beisheim (Düsseldorf), University of Iowa-CIMBA (Italy), IE Business School (Madrid), HEC (Paris), Institut Mines-Télécom Business School (Paris), Bocconi, (Milan), Concordia (Montreal), Rice (Houston), University of La Rioja (Spain), Case Western Reserve (Cleveland), and MBSC (Saudi Arabia). Previously holding the position of First Regional Economic Officer for Western Asia at the United Nations, Dr. Markarian has extensively researched governance mechanisms, executive compensation, the banking system, stock markets, and financial statements and valuation. His publications have received awards both from the American Finance Association and the American Accounting Association, and have been mentioned in the Financial Times, Bloomberg, Washington Post, and CFO magazine. Dr. Markarian has published in journals such as The Review of Accounting Studies, Contemporary Accounting Research, Strategic Management Journal, Organization Science, and The Journal of Banking and Finance, etc. Beforehand, he was a consultant for Standard & Poor’s “Society of Industry Leaders,” as well as for starts-ups and private equity. An executive member of the scientific committee of the European Accounting Association from 2015-2020, he currently serves as a trustee to the American Accounting Association – Historian’s section, and is an advisor at Lux Point Partners (a boutique investment bank in Berlin). Dr. Markarian has 20yrs+ experience in management education at the undergraduate, masters, executive, and Ph.D. level in 10 countries. Dr. Markarian has a Ph.D. from the Weatherhead School of Management at Case Western Reserve University.