Shannon Garavaglia
Assistant Professor of Business Administration
Shannon Garavaglia


Mervis Hall 366
(412) 383-0166


Shannon joined the Katz School of Business in 2020 after receiving her PhD from the University of Texas at Austin. She served as the Post-Doctoral Fellow at the Financial Accounting Standards Board (FASB) in Norwalk, Connecticut for the 2020-2021 academic year. Prior to pursuing her PhD, Shannon worked as an auditor at KPMG in Chicago and received a B.B.A in accounting from Loyola University Chicago.

Shannon’s research focuses on judgment and decision making in a financial reporting context, with an emphasis on how individual investors acquire and integrate accounting information into their investment decisions. She was drawn to this area of research because of its ability to inform regulators and standard setters about nonprofessional investors’ behavior.

Courses Recently Taught

  • BUSACC 1205 Intermediate Financial Reporting 2, Undergraduate, Spring 2023
  • BUSACC 1251 Survey of International Business Issues and the City of London, Undergraduate, Summer Study Abroad 2022
  • BUSACC 1236 Accounting Information Systems, Undergraduate, Spring 2022

Awards and Honors

  • 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


Garavaglia, S. (2022). “What’s in a name? Investors’ Reactions to Non-GAAP Labels.” Forthcoming at Contemporary Accounting Research.

Garavaglia, S., 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?” Forthcoming at Accounting, Organizations and Society.

Cade, N.L., S. Garavaglia, and V.B. Hoffman (2022). “Why Some Investors Avoid Accounting Information: Identifying a Psychological Cost of Information Acquisition using the Securities-Based Crowdfunding Setting.” Forthcoming at The Accounting Review.


  • PhD in Accounting, The University of Texas at Austin, 2020
  • Master of Science in Accounting, The University of Texas at Austin, 2017
  • Bachelor of Business Administration in Accounting, Loyola University Chicago, 2013



Academic Area


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.