Heather Hachigian

Assistant professor

Executive Education

Dr. Heather Hachigian is an assistant professor teaching in the Masters of Global Management Program and the Graduate Certificate in Corporate Social Innovation. Her research interests include responsible investment, social finance and new forms of organizations. Hachigian’s recent work focuses on the governance of investment institutions with an explicit long-term mandate. Her research has explored investment decision-making under ambiguity, shareholder engagement and integrating sustainability criteria into infrastructure investment deals. Hachigian has published her research in several book chapters and academic journals, including Business and PoliticsJournal of Sustainable Finance and InvestmentJournal of Business EthicsEuropean Financial Review and Stanford Social Innovation Review.



Hachigian previously worked as a senior consultant with Purpose Capital. She provides research and advisory services to government, business and non-profits on impact measurement, social finance and sustainable investing. Recent projects include an evaluation of social finance models for migrant and refugee integration and a retail impact investing guidebook. Hachigian has served as a judge for the annual Responsible Investor Reporting Awards and an editorial board member for Journal of Sustainable Finance and Investment.




University of Oxford’s Smith School of Enterprise and the Environment

Master of Public Administratio

Carleton University

Bachelor of Arts with Combined Honours in Economics and Political Science

McMaster University


Hachigian, H. (2020). Review of The Code of Capital: How the Law Creates Wealth and Inequality by Katharina Pistor. Journal of Business Ethics166(1), 197-201.

Hachigian, H(2018). Understanding the governance structures that underpin responsible investment decision-making. In Deborah C. Poff and Alex C. Michalos (eds.) Encyclopedia of Business and Professional Ethics. Springer.

Hachigian, H. (2017, April). Understanding Under-investment in Migrant Integration. European Financial Review.

Hachigian, H. (2016, September). Investing in Global Refugee and Migrant Integration. Stanford Social Innovation Review. September 21, 2016.

Harji, K., Hachigian, H. and Jeyaloganathan, M. (April 2016). Retail Impact Investment Guidebook for Credit Unions. Prepared for Canadian Credit Union Association and ESDC.

Hebb, T., Hachigian, H. and Harji, K. (January, 2016). Social Finance Models for the Settlement and Integration Sector in Canada, Market Assessment Report. Prepared for Immigration, Refugees and Citizenship Canada.

Hachigian, H. (2015). Ambiguity, discretion and ethics in Norway's sovereign wealth fund. Business and Politics17(4), 603-631.

Clark, G. L., Hachigian, H., McGill, S., Molinari, C., & Wójcik, D. (2015). Addressing the challenges of transformation through sustainable investment. In The Routledge Handbook of Responsible Investment (pp. 617-633). Routledge.