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Pepa KRAFT

Professor

Accounting and Management Control

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Biography

Pepa Kraft received her PhD in Accounting from the University of Chicago Booth School of Business, her M.Sc. in Banking and Finance from HEC University of Lausanne, and her B.Sc. with Honours in Accounting and Finance from the London School of Economics. Her research focuses on the role of accounting in credit markets, credit rating agencies, off-balance sheet financing and disclosure issues in financial reporting. She has taught courses on financial reporting and financial statement analysis at Chicago Booth, Stern and Wharton. Before joining academia, she has held posts at Deutsche Bank and JPMorgan in Corporate Equity Derivatives and Mergers & Acquisitions Advisory. She is a Chartered Financial Analyst and a member of the American Accounting Association and European Accounting Association.  

Scientific articles

Working papers

Scientific articles

The Role of Accounting Accruals in Chinese Firms

China Accounting and Finance Review, 2014, vol. 16, n° 11, pp 148-154,

Financial Statement Comparability and Credit Risk

Review of Accounting Studies, 2013, vol. 18, n° 3, pp 783-823, (in coll. with S. KIM, S. G. RYAN)

Working papers

Education

  • Ph.D., Accounting, The University of Chicago, Booth School of Business - USA
  • MSc Banking and Finance, HEC Lausanne - Switzerland
  • Bachelor of Science, Accounting and Finance, London School of Economics & Political Science - United Kingdom

Academic appointments

Academic Responsibilities at HEC

  • 2023- Professor, Accounting and Management Control HEC Paris
  • 2017-2022 Associate Professor, Accounting and Management Control HEC Paris
  • 2018- Departmental PhD Coordinator. HEC Paris
  • 2017- Member of GREGHEC, the joint research laboratory CNRS-HEC Paris HEC Paris

External Academic Responsibilities

  • 2010-2017 Assistant Professor, Accounting NYU Stern School of Business
  • 2012-2013 Visiting Faculty The Wharton School, University of Pennsylvania

Scientific Activities

Membership in Academic or Professional Organisation

  • Verein fuer Socialpolitik
  • French Accounting Association
  • European Accounting Association
  • CFA charterholder, member of NYSSA
  • American Accounting Association

Editorial activities

  • 2020 Member of scientific/editorial committee for Swiss Accounting Research Alpine Camp

  • Awards & honors

    • 2023 Researcher of the Year Award of the HEC Foundation