Rotman School of Management, University of Toronto

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Gordon D. Richardson

Gordon D. Richardson

Gordon D. Richardson

KPMG Professor of Accounting
Professor of Accounting


PhD, Cornell University
MBA, York University
BA, University of Toronto




Gordon Richardson is a Professor of Accounting. He was Editor of Contemporary Accounting Research from 2001-2006, one of the top five academic accounting journals in the world. An Honorary Professor of the University of Queensland Business School since 2004, he enjoys an international reputation as a leading scholar in academic accounting. In 2004, he delivered the prestigious Wei Lun Visiting Professor Public lecture in Hong Kong. In 2008, he gave a public address as part of the Korean Accounting Association Distinguished Professor Seminar Series. In 2007, in recognition of his research achievements, he was awarded the Haim Falk Award.

Academic Positions

  • 1970-Present

    School of Management, University of Toronto,

  • 1985

    Visiting Professor, New York University

  • 1977

    Visiting Professor, University of Pennsylvania

  • 2002 - present

    Full Professor , University of Toronto

  • 1973

    Visiting Professor, Hebrew University, Jerusalem

  • 2001-2006

    Editor, Contemporary Accounting Research

  • 1962-1970

    Professor, School of Management, University of Rochester

  • 1989-2002

    Chaired Full Professor, University of Waterloo

  • 1966-1967

    Visiting Professor, University of California at Berkeley

  • 1952-1962

    Associate Professor, School of Management, Massachusetts Institute of Technology

  • 1987-1989

    Associate Professor, McMaster University

  • 1947-1952

    Assistant Professor, Graduate School of Industrial Administration, Carnegie-Mellon University

  • 1983-1987

    Assistant Professor, University of British Columbia

Selected Publications - Papers

Featured Work

Dr. Richardson is a capital markets researcher and has over 40 publications in peer reviewed academic journals. In 2006, he published an influential paper in Contemporary Accounting Research which deals with securitizations. He has published several articles related to environmental accounting and he is currently working on a project involving the European carbon emissions cap and trade system. He has also conducted research in the area of the valuation of private companies and the Private Company Discount, the usefulness of internal control disclosures mandated by Sarbanes-Oxley, the impact of Sarbanes-Oxley on the valuation of private companies, and the impact of voluntary disclosures on firm valuation. He specializes in accounting based valuation models and the value relevance for investors of financial statements. 

Research and Teaching Interests

Research includes Cost of Capital to a Public Utility, Corporation Investment and Financing Policies, and Compariative Performance of Welfare-Corporate Capitalism in the West and Market Socialism in China.

Honors and Awards

  • 1993

    Honorary Doctor of Laws Degree, McMaster University

  • 1993

    Fellow, Royal Society of Canada

  • 1982-1983

    Connaught Faculty Fellow,

  • 1975-1976

    President, American Finance Association

  • 1962-1963

    Ford Foundation Faculty Fellow,

Academic / Professional Service

  • Associate Editor, Journal of Finance, Financial Management, Journal of Banking and Finance, and Journal of Economics and Business

  • , Served on various committees of American Finance Association, American Accounting Association, and the Institute of Management Sciences

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