Morteza Aghajanzadeh

Morteza Aghajanzadeh

PhD Candidate in Finance

Swedish House of Finance · Stockholm School of Economics

On the 2027–2028 academic job market

Welcome! I am a Ph.D. candidate in Finance at the Stockholm School of Economics.

My research focuses on the relation between financial markets and innovation and entrepreneurship. I am particularly interested in venture capital and private equity, and how they change entrepreneurial activities. I combine theoretical modeling with structural and empirical analysis to understand how financial relationships influence market structure and the allocation of innovative activity.

My advisors are Alexander Ljungqvist (Stockholm School of Economics) and Per Strömberg (Stockholm School of Economics).

Venture Capital Entrepreneurship & Innovation Industrial Organization Corporate Finance

Research

Working Papers

Connected Stocks via Business Groups

with Mahdi Heidari and Mahdi Mohseni

Using daily ownership data from Iran, we show that direct and indirect common ownership both raise stock-return comovement, with business-group affiliation the dominant channel.

Recognition

Awards & Honors

NBER Entrepreneurship Bootcamp, National Bureau of Economic Research (2025)  ·  Tomas Björk Best Paper Prize, Swedish House of Finance (2024).

References

Recommenders

Alexander Ljungqvist

Professor, Stefan Persson Family Chair in Entrepreneurial Finance and Private Equity · Stockholm School of Economics

Per Strömberg

Centennial Professor of Finance and Private Equity · Stockholm School of Economics