Gaizka Ormazabal is an associate dean for Research and PhD program since 2023 and Professor in the Accounting and Control Department. Professor Ormazabal received a Ph.D. in Business from Stanford University, a Ph.D. in Construction Engineering from Universitat Politecnica de Catalunya and a Bachelor’s Degree in Civil Engineering (Ingeniería de Caminos, Canals y Puertos) from Universitat Politécnica de Catalunya.
Professor Ormazabal’s research focuses on executive compensation and corporate governance. His work examines the choice and valuation implications of corporate governance mechanisms. His current research projects analyze recent trends in managerial compensation, corporate governance intermediaries, financial regulation, bank accounting, and the role of corporate governance in sustainable development.
His research appears in leading academic journals including, among others, Journal of Accounting and Economics, Journal of Accounting Research, Journal of Finance, Journal of Financial Economics, Journal of Law and Economics, Review of Accounting Studies and The Accounting Review. He is editor of Review of Accounting Studies. Professor Ormazabal is also a Research Affiliate in the Financial Economics program of the Center for Economic Policy Research (CEPR), research member in the European Corporate Governance Institute (ECGI), and Research Member of the Sustainable Finance Research and Policy Network (RPN). He is the Grupo Santander Chair of Financial Institutions and Corporate Governance and serves as academic director at the IESE Center for Corporate Governance.
