Concordia University

Lawrence Kryzanowski, PhD

Professor, Finance
Senior Concordia University Research Chair, Finance

Office: S-MB 12229 
John Molson Building,
1450 Guy
Phone: (514) 848-2424 ext. 2782

Dr. Kryzanowski is Professor and Senior Concordia University Research Chair in Finance (formerly Ned Goodman Chair in Investment Finance), Department of Finance. He has published, consulted or appeared as an expert witness dealing with: impact of alleged financial misrepresentations on market prices; rate of return and capital structure of regulated utilities; management of investments for institutions and individuals; capital market trading; financial services; mergers/acquisitions/reorganizations; new corporate and governmental financings; risk management; agency issues; political corruption and risk. He was the founding chairperson/promoter in1988 of the Northern Finance Association. He continues to be a Governor Emeritus at Concordia University; an Advisory Editor with the European Journal of Finance; Associate Editor with The International Review of Financial Analysis and Frontier of Finance and Economics; and Editorial Board Member with Canadian J.of Administrative Sciences, Managerial Finance, Studies in Economics and Finance, and Finance India. He is a former President of the Multinational Finance Society.

Dr. Kryzanowski is the (co-) author of eight texts, over 310 papers presented at refereed conferences,  and over 150 articles in refereed journals, such as the Bell Journal of Economics, Journal of Finance, Journal of Financial & Quantitative Analysis, Journal of Money, Credit & BankingJournal of Banking & Finance, Journal  of Corporate Finance, Quarterly Journal of Finance and Journal of Empirical Finance.


PhD (University of British Columbia), Finance. Committee: Drs. Michael J. Brennan (Supervisor), James D. MacBeth, Robert W. White and John D. Boyd (Economics).

Areas of expertise

  • Efficiency and regulation of global capital markets
  • Fund raising
  • Investment and portfolio management
  • Market microstructure
  • Pricing and risk management
  • Agency issues
  • Political corruption and risk




Governor Emeritus, Concordia University, May 21, 2014. This title is bestowed by the Board of Governors based on the individual’s outstanding contributions and longstanding service to the University. For a listing of Emeriti Members see:


Barclays Global Investors Canada Research Award, 2001(first recipient). For excellence in Canadian capital market research. With J. Menard.

OSFI Award for Excellence in Research, 2000 (first recipient). Recognizes excellence in research related to prudential regulation & supervision of Canadian financial services sector. With G. Roberts.

Prix ACFAS/Caisse de dépôtet placement du Québec, 1996 (first recipient)Recognizes an exceptional contribution by a person resident in Canada to research infinance.

TSFA Research Award,1996.  For best original research into Canadian capital markets.  With R. Chung.

Best Paper Awards – Journals:

Best Paper Award (tied), notified in December 2000, for lead article in Vol. 2 of Multinational Finance Journal. WithR. Chung.

Best Paper Awards – Conferences:

5th European Bus. Research Conference, 2015. With Mohamed Ayadi & Anis Chaibi.

Financial Management Association 2008, Dallas, Risk Management (sponsored by PRMIA). With Sana Mohsni.

Northern Finance Association, 2005 (sponsored by Bank of Canada). With Skander Lazrak.

Atlantic Schools of Business Conference, Finance Division, 1996. With Howard Nemiroff.

ASAC Finance Division, 1996. With Ian Rakiata.

Mid-West Finance Association, Investments, 1996. With Feng Liu.

Eastern Finance Association, Investments, 1986. With Abdul Rahman. 

ASAC Finance Division, 1985. With Vijay M. Jog.

ASAC Finance Division, 1984. With Abol Jalilvand.

ASAC Finance Division, 1982 & 1981.  With Minh Chau To.

Best Paper Awards, Semi-finalist – Conferences:

      2010 FMA European Conference, Hamburg, “Corporate Finance” category. With Mohamed A. Ayadi.

      2015 FMA Annual Meeting, Orlando, “Investment”category. With Mahsa (Somayeh) Kaviani and Hosein Maleki

      2015 FMA Annual Meeting, Orlando, “Corporate Finance” category. With Mahsa (Somayeh) Kaviani and Hosein Maleki

      2016 FMA Annual Meeting, Las Vegas, “Corporate Finance” category. With Mahmood Mohebshahedin

      2016 FMA Annual Meeting, Las Vegas, “Corporate Finance” category. With Mahsa Kaviani and HoseinMaleki

Back to top

© Concordia University