Profile
Full Bio
Pavlo’s expertise covers the areas of sustainable development, environmental accounting, and corporate governance.
His research has been published in the leading academic journals in the field, such as the Strategic Management Journal and The Accounting Review, and has received extensive coverage in the media.
He has taught a wide range of university courses and performed executive training in cost management and in environmental accounting.
In addition to research and teaching, Pavlo has performed advisory services in the private sector, participated in the development of environmental reporting policies, and volunteered at the Indigenous communities. Pavlo holds a PhD and an MBA from Concordia University.
Academic Degrees
PhD in Administration (Accounting)
Concordia University (2007)
MBA
Concordia University (2003)
BCom / Professional Accountancy
KNUTE, Ukraine (2000)
Academic Experience
Smith School of Business, Queen's University
Assistant Professor (2016 - Present)
McGill University
Assistant Professor (2009–2016)
University of Ottawa
Assistant Professor (2007–2009)
Lecturer (2006–2007)
Concordia University
Lecturer (2005–2006)
Publications
Journal Articles
Kalyta, P., Malsch, B. “Ethnographic accounting research: Field notes from the frontier”. Accounting Perspectives, vol. 17, no. 2, 2018, pp. 241-252.
Malsch, B., Kalyta, P. “Accounting may be key to corporate compliance on climate goals”. The Globe and Mail, 10 December 2015.
Kalyta, P. “Earnings management after CEO death”. ASAC Conference Proceedings, Accounting Division, vol. 34, 2013, pp. 5-39.
Kalyta, P. “Directors of philosophy: The impact of intellectual governance on firm performance”.
ASAC Conference Proceedings, Finance Division, vol. 32, 2011, pp. 24-40.
Kalyta, P. “Social networking and firm performance: Empirical investigation of the corporate use of Twitter”. ASAC Conference Proceedings, Accounting Division, vol. 32, 2011, pp. 63-81.
Kalyta, P. “Accounting discretion, horizon problem, and CEO retirement benefits”. The Accounting Review, vol. 84, no. 5, 2009, pp. 1553-1574.
Kalyta, P. “Compensation transparency and managerial opportunism: A study of supplemental retirement plans”. Strategic Management Journal, vol. 30, no. 4, 2009, pp. 405-423.
Kalyta, P. “Making it personal: The impact of CEO retirement plan on firm risk”. ASAC Conference Proceedings, Finance Division, vol. 29, 2008, pp. 195-210.
Kalyta, P., Magnan, M. “Executive pensions, disclosure quality, and rent extraction”. Journal of Accounting and Public Policy, vol. 27, no. 2, 2008, pp. 133-166.
Kalyta, P. “CEO retirement benefits and accounting discretion: Canadian evidence”. ASAC Conference Proceedings, Accounting Division, vol. 28, 2007, pp. 1-12.
In the Media
Forbes; Reuters; The Globe and Mail; Business Week; Calgary Herald; Pension & Benefits Daily; Montreal Gazette; Toronto Sun; Les Affaires; Metro Montreal; Ottawa Business Journal; Huffington Post Quebec; MetroNews Canada; blog TO; MTL Blog; Harvard Law School Forum on Corporate Governance and Financial Regulations
Applied Projects
Kalyta, P. “Mapping Sustainability”, Part 1: Walking map of Montreal metro system, Part 2: Walking map of Toronto subway system, Part 3: Walking map of Vancouver transit system, 2016, Reproduced in various media and integrated into mobile mapping applications.
Cases
Kalyta, P., Magnan, M., Perrotta, N., Thouin, B. “Repap Enterprises Inc. A: A study in governance”, 2004.
Kalyta, P., Magnan, M., Perrotta, N., Thouin, B. “Repap Enterprises Inc. A: A study in executive compensation”, 2004.
Teaching
PhD Supervision
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Laurence Daoust (Queen’s); thesis committee |
2017–18 |
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Russell Evans (Queen’s); thesis committee |
2016–17 |
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Leon Bea (McGill); supervisor |
2013–16 |
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Rojin Mansouri (McGill); supervisor |
2012–16 |
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Leanne Keddie (Concordia); external committee member |
2013–16 |
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Hugues Langlois (McGill); external member on the defense committee |
2014 |
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Hai Ta (McGill); external member on the defense committee |
2011 |
Courses Taught
PhD
- Research design in accounting (McGill)
- Accountability and sustainability (McGill)
EMBA
- Sustainability accounting (McGill/HEC Montreal)
MBA
- Management accounting (McGill) BCom
- Intermediate management accounting (Queen’s)
- Management accounting (McGill)
- Sustainability and environmental accounting (McGill)
- Cost accounting (Ottawa)
- Financial accounting (Ottawa)
- Managerial accounting (Concordia)
- Introductory financial accounting (Concordia)
New Courses Created
- Sustainability and Environmental Accounting (McGill, BCom)
- Accountability and Sustainability (McGill, PhD)
- Research Design in Accounting (McGill, PhD)
Interests
Management accounting; sustainability accounting; research methods
Research
Select Research
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Study: |
“Ethnographic accounting research: Field notes from the frontier” (with B. Malsch) |
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Journal: |
Accounting Perspectives |
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Abstract:
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Ethnographic fieldwork in accounting is scarce and remains a “frontier” methodology, unfamiliar to most accounting researchers. Building on our field research project on corporate accountability and stakeholder engagement, set in the Canadian Arctic, we illustrate in this paper the use and explanatory power of ethnographic methods for studying social groups and individual actors in the broader accounting universe. We share our fieldwork strategies and provide a few practical tips for conducting ethnographic research in both corporate and community environments. We then argue that ethnographies provide accounting researchers with untapped opportunities to discover vast reservoirs of knowledge inaccessible to other research methods, and offer a path to humanize accounting research. |
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Study: |
“Accounting discretion, horizon problem, and CEO retirement benefits” |
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Journal: |
Accounting Review |
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Abstract: |
Empirical research on the impact of managerial retirement on discretionary accounting choices is inconclusive, with most studies finding no evidence of earnings management in the pre-retirement period. I argue that income-increasing accounting choices in final pre-retirement years are particularly appealing to managers whose pension depends on firm performance in these years. Using primary data on retired CEOs of Fortune 1000 firms, I investigate the impact of CEO pension plans on discretionary accruals. Consistent with the prediction, I find evidence of income-increasing earnings management in the pre-retirement period only when CEO pension is based on firm performance. I also report evidence of negative abnormal market reaction to CEO retirement in firms with performance-contingent CEO pensions. |
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Study: |
“Compensation transparency and managerial opportunism: A study of supplemental retirement plans” |
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Journal: |
Strategic Management Journal |
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Abstract: |
Existing research on managerial compensation is based primarily on optimal contracting and managerial hegemony theories. Under the optimal contracting theory, observed compensation contracts are optimally determined, aligning the interests of managers and shareholders. Under the managerial hegemony theory, observed compensation contracts deviate from the optimum because top managers with power over boards are able to influence their own pay. I argue that the impact of managerial power over boards on managerial pay, and hence the deviation of compensation contracts from the optimum, is contingent on the transparency of managerial compensation. Within this framework, I investigate the impact of supplemental executive retirement plans (SERPs) - historically the least transparent compensation component - on opportunistic decision making. An empirical analysis based on a time series sample of CEOs of S&P/TSX60 firms provides support of the compensation transparency theory. I find that SERP benefits are primarily driven by variables proxying for CEO power over the board, whereas more transparent compensation components are primarily driven by economic factors. The results also suggest that CEOs whose SERPs are contingent on firm performance appear to reduce firm R&D expenditures as they approach retirement. Both findings provide important contributions to existing research on the impact of managerial compensation on opportunistic decisions. |
Interests
Governance; accountability; CSR reporting; Indigenous issues
Presentations
Conference Presentations
American Accounting Association (×7); Administrative Sciences Association of Canada (×5); Canadian Academic Accounting Association (×6); European Accounting Association (×2); British Accounting Association; Money, Economy, and Management Conference; HEC Montreal Winter Workshop; Alternative Perspectives in Accounting Research; European Financial Management Association; Telfer Accounting & Finance Conference
Workshops
McGill University (×2); IE Business School; University of Cagliari; Université Laval; University of Ottawa (×2); Humboldt University; University of Padova; Queen’s University (×2); Lancaster University
Conference Discussions
ASAC (×3), AAA (×3), CAAA (×2)
Awards
Fellowships
Marcel Desautels Institute for Integrated Management Fellowship (with D. Etzion) (2013–2014)
Marcel Desautels Institute for Integrated Management Teaching Fellowship (2013)
Doctoral Consortium Fellow, AAA (2006)
J.W. McConnell Memorial Fellowship (2005–2007)
Teaching Awards
McGill Management Undergraduate Professor of the Year, Nominee (3% of the faculty) (2014, 2015)
Other Awards
Best Paper Award, ASAC Conference (2013)
Honorable Mention Award, ASAC Conference (2011)
Best Paper Award, ASAC Conference (2007, 2008)
FRQSC (Fonds de recherche du Québec – Société et culture) Doctoral Scholarship (2005–2007)
Concordia University Doctoral Scholarship (2005–2007)
Grants & Funding
Insight Grant, “Inside tax havens and the making of offshore accounting in Canada” (with B. Malsch and M.-S. Tremblay) (2018-2022)
SSHRC | $151,375
Smith School of Business General Research Grant (with B. Malsch; T. Dacin) (2016–2017)
Insight Grant, “The role of intellectual capital in corporate governance and organizational performance” (individual) (2012-2016)
SSHRC | $107,000
McGill University Internal Research Grant (2010–2016)
Service
Ad-Hoc Reviewer
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Journals |
The Accounting Review (×4), Accounting Perspectives (×3), Australian Accounting Review, Canadian Journal of Administrative Sciences (×2), Comptabilité – Contrôle – Audit, Contemporary Accounting Research (×7), Eurasian Business Review, Journal of Accounting and Public Policy (×2), Journal of Accounting and Taxation, Human Resource Management Journal, Accounting and Business Research |
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Conferences |
ASAC (×10), AAA (×8), CAAA (×11) |
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Grants |
SSHRC Insight grants (×98), CAAA grants (×32), FQRSC grants (×2) |
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Internal |
Student PhD/MSc applications; student grant/fellowship applications |
Internal Contributions
Queen’s University
Aboriginal Council; Indigenous Knowledge, Curriculum and Research Working Group
2017 - Present
Development of Institute for Sustainable Finance
2017 - Present
Library Advisory Committee
2016 - Present
Major Admission Award Reader
2017–2018
Judge, Queen’s Case Competition
2016–2017
McGill University
Research Council
2013–2015
Judge, Desautels Preparatory Case Competition
2012–2013
CMA Order Representative at McGill University
2010–2013
PhD Program Committee
2010–2013
Course Coordinator, Management Accounting
2009–2014
CA Program Admissions Subcommittee
2011–2012
Ernst & Young Speaker Series Organizer
2010–2012
Pro-Dean, PhD Thesis Defense Committees (×3)
2010–2012
External Contributions
Accounting Perspectives, Editorial Board
2016 - Present
SSHRC Insight Grant Assessment Committee
2013–2014
CAAA Annual Conference, Scientific Committee
2011–2015
CAAA, Board of Directors
2010–2012
CAAA, Chair of the Research Committee
2010–2012
Contemporary Accounting Research, Editorial Board
2009–2011
Case Competitions Coaching
Coach of the Queen’s University Case Competition Union Team
2016 - Present
Coach of the McGill University Financial Open Case Competition Team
2012-2014
Coaching Record
1st place, Belgrade International Case Competition (2018)
5th place, University of Navarra International Case Competition (2017)
1st place, Financial Open—Management Accounting (2014)