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Maxim Mironov


Maxim Mironov



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Associate Professor, Finance

Maxim Mironov’s primary research interest is in empirical corporate finance. He also is interested in international accounting, management compensation, and corporate governance. Before joining IE in 2009, Maxim taught as a visiting professor at New Economic School (Moscow). His non-academic experience includes working as an Investment Director at PSC, one of the largest direct investment funds in Russia. He earned a bachelor’s degree in Economics at Novosibirsk State University in 2000. Maxim received a master’s degree in Economics at New Economic School (Moscow) in 2003 and a PhD in Finance at Chicago GSB in 2008. Maxim enjoys travel, skiing, and cooking.

Academic Background

• PhD in Finance, Chicago Graduate School of Business, University of Chicago, 2008

• MBA, Chicago Graduate School of Business, University of Chicago, 2007

• M.A. in Economics (summa cum laude), New Economic School, Moscow, 2003

• B.A. in Economics (summa cum laude), Novosibirsk State University, 2000

Academic Experience

• Tenured Professor, IE Business School, Madrid, 2014 to date

• Assistant Professor of Finance, IE Business School, Madrid, 2009-2014

• Visiting Professor of Finance, New Economic School, Moscow, 2007

Professional Experience

• Investment Director, Promsvyazcapital, Moscow. Direct investments fund. Assets under management around $10 billion.  2006-2008


• Gómez, J.P., Mironov, M. (2019). “Tax Enforcement and Income Diversion: Evidence after Putin’s election in 2000”.  Journal of Law, Finance and Accounting,  Vol. 4 (1): 35-65

• Mironov, M. & Zhuravskaya, E. (2016). “Corruption in Procurement and the Political Cycle in Tunneling: Evidence from Financial Transactions Data”.  American Economic Journal: Economic Policy, Vol. 8(2):287-321

• Mironov, M.(2015). “Should One Hire a Corrupt CEO in a Corrupt Country?”. Journal of Financial Economics, Vol. 117(1):29-42

• Mironov, M.(2011). “Taxes, Theft, and Firm Performance”. Journal of Finance, Vol. 68(4):1441–1472