Andrey Zagorchev

Andrey Zagorchev

Associate Professor of Business, Co-Director M.S. in Accounting Program

I joined the Department of Business as an Assistant Professor of Finance in the fall of 2013. Prior to then, I taught courses at Concord University and Lehigh University. My research focuses on corporate finance, corporate governance, international finance, and financial markets. I have published in the Journal of Banking and Finance, Journal of Economics and Business, Corporate Ownership and Control, Journal of International Financial Markets, Institutions and Money, and Applied Financial Economics.

I enjoy teaching students how to make decisions using relevant financial information. I like students to be confident when they apply various financial methods, analyze different interdisciplinary relationships, and communicate their ideas to business communities. Additionally, I am a mentor of the Rhodes Investment Organization (ROI), which is a student investment club. Some of the ROI activities include managing a stock portfolio, learning about different investment strategies, and discussing the current market trends.


“The Impact of Corporate Governance on the Performance of Financial Institutions”, with Lei Gao. Journal of Economics and Business, 2015.

“Stock Price Effects of CEO Turnover of US Financial Institutions”. International Journal of Financial Services Management, 6(4), 2013, pp. 273-292.

“Government Ownership and Corporate Governance: Evidence from the EU”, with Ginka Borisova, Paul Brockman and Jesus M. Salas. Journal of Banking and Finance, 36, 2012, pp. 2917-2934.

“Does a Country’s Financial and Legal Systems Contemporaneously Impact the Governance and Performance Relationship: Further Evidence?”, with Anne Anderson and Parveen P. Gupta. Corporate Ownership and Control, 9(4), 2012, pp. 279-308. 


B.S, M.S., Plovdiv University, Bulgaria
M.B.A., Wright State University
Ph.D., Lehigh University