Contact
Mervis Hall 366
sgaravaglia@katz.pitt.edu
(412) 383-0166
Profile
Shannon Garavaglia is an Assistant Professor of Business Administration (Accounting) at the University of Pittsburgh. Her research examines how individual investors acquire and integrate accounting information into their investment decisions, with a focus on questions that are of interest to accounting regulators and standard setters. She currently teaches intermediate financial accounting to undergraduate students and a critical thinking seminar to doctoral students.
Shannon has won research and teaching awards and has been published in leading accounting journals including The Accounting Review, Contemporary Accounting Research and Accounting, Organizations and Society. She earned her PhD from the University of Texas at Austin and began her academic career as a Post-Doctoral Fellow at the Financial Accounting Standards Board.
Courses Recently Taught
- BUSACC 1205 Intermediate Financial Reporting 2, Undergraduate
- BUSACC 3052 Critical Thinking in Accounting, Doctoral Seminar
- BUSACC 1251 Survey of International Business Issues and the City of London, Undergraduate
- BUSACC 1236 Accounting Information Systems, Undergraduate
Awards and Honors
- Katz Excellence in Research Award, 2023
- IAAER-KPMG Informing the IASB Standard-setting Process, 2023
- Katz Excellence in Teaching Award (CBA program), 2022
- ABO Outstanding Doctoral Dissertation Award, 2021
- Gies College of Business Research Grant with Spencer Anderson, Mike Durney and Kurt Gee, 2021
- AAA FARS Outstanding Discussant, 2019
- The University of Texas at Austin Graduate Continuing Fellowship, 2019
- Eugene and Dora Bonham Memorial Fund, 2019
- McCombs School of Business Continuing Fellowship, 2018
- David Bruton, Jr. Scholarship, 2017
- William W. and Ruth F. Cooper Endowed Presidential Fellowship in Business, 2017
- Eugene and Dora Bonham Memorial Fund, 2016
- McCombs School of Business Graduate School Recruitment Fellowship, 2015
Select Publications
Clor-Proell, S. M., S. Garavaglia, L. Koonce, and J. Thayer (2024). The Power of the Default: Investors’ Reactions to Default Amortization Periods and Deviations Therefrom. European Accounting Review, 1-20.
Cade, N.L., S.M. Garavaglia, and V.B. Hoffman (2023). “Why Some Investors Avoid Accounting Information: Identifying a Psychological Cost of Information Acquisition using the Securities-Based Crowdfunding Setting.” The Accounting Review, 98(7), 97-120.
Garavaglia, S.M., B.W. Van Landuyt, B.J. White, and J.R. Irwin (2023). “The ESG Stopping Effect: Do Investor Reactions Differ Across the Lifecycle of ESG Initiatives?” Accounting, Organizations and Society, 101441.
Garavaglia, S. (2023). “What’s in a name? Investors’ Reactions to Non-GAAP Labels.” Contemporary Accounting Research, (40)2: 897-924.
Degrees
- PhD in Accounting, The University of Texas at Austin
- Master of Science in Accounting, The University of Texas at Austin
- Bachelor of Business Administration in Accounting, Loyola University Chicago
CV
Academic Area
Accounting
Personal Interests
Shannon and her husband Steve enjoy exploring Pittsburgh’s neighborhoods and parks. When she isn’t working, Shannon also enjoys trying new gluten-free recipes and spending time outdoors.

