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Luc PAUGAM

Associate Professor

Accounting and Management Control

 Profile picture

Biography

Luc Paugam holds a Ph.D. in financial accounting and a MSc in Finance from Université Paris Dauphine. Luc is a former student of ENS Paris-Saclay and a CFA charterholder. His research focuses on issues surrounding financial reporting of intangible assets (goodwill, brands), M&As, IFRS, and audit. Luc has published in several academic journals including AbacusComptabilité Contrôle Audit, Contemporary Accounting Research, European Accounting Review, Journal of Accounting and Public Policy, Journal of Business Law and Journal of Business Finance & Accounting. Books co-authored by Luc include Brand Valuation (Routledge), Evaluation Financière et Normes IFRS (Economica) and Evaluation Financière de la Marque (Economica). Luc teaches financial accounting in the Grande Ecole and MBA programs. Prior to joining HEC Paris, Luc has been a consultant in corporate finance, an associate professor at ESSEC Business School and a visiting scholar at the University of Houston. Luc is a board member of European Accounting Review, Accounting and Business Research, Accounting in Europe and a member of CFA France. He received the ESSEC foundation teaching award in 2016.

Scientific articles

Building the legitimacy of whistleblowers: A multi-case discourse analysis

Contemporary Accounting Research, Spring 2019, vol. 36, n° 1, pp 7-49, (in coll. with H. STOLOWY, Y. GENDRON, J. MOLL)

Non-additivity in accounting valuation: Theory and applications

Abacus, September 2018, vol. 54, n° 3, pp 381-416, (in coll. with Jean-François CASTA, H. STOLOWY)

The expansion of non-financial reporting: an exploratory study

Accounting and Business Research, July 2018, vol. 48, n° 5, pp 525-548, (in coll. with H. STOLOWY)

The Effect of Business and Financial Market Cycles on Credit Ratings: Evidence from the Last Two Decades

Abacus, March 2017, vol. 53, n° 1, pp 59-93, (in coll. with G. LOBO, H. STOLOWY, P. ASTOLFI)

Do investors pay sufficient attention to banks’ unrealized gains and losses on available-for-sale securities?

European Accounting Review, Forthcoming, (in coll. with Romain BOULLAND, Gerald LOBO)

The usefulness of intangible assets' disclosure for financial analysts. Insights from Purchase Price Allocation conditional on deal quality

Comptabilité Contrôle Audit, Forthcoming, (in coll. with A. JENY, P. ASTOLFI)

The whistleblower: an important person in corporate life? An answer from comparative law

Journal of Business Law, Forthcoming, (in coll. with L. PAUGAM, A. LONDERO)

The Effect of Joint Auditor Pair Composition on Audit Quality: Evidence from Impairment Tests

Contemporary Accounting Research, Spring 2017, vol. 34, n° 1, pp 118-153, (in coll. with G. LOBO, D. ZHANG, J.-F. CASTA)

Examining the patterns of goodwill impairments in Europe and the US

Accounting in Europe, 2016, vol. 16, n° 3, pp 329-352, (in coll. with P ANDRE, A FILIP)

Accounting for business combinations: Do purchase price allocations matter?

Journal of Accounting and Public Policy, July-August 2015, vol. 34, n° 4, pp 362-391, (in coll. with P. ASTOLFI, O. RAMOND)

Books

Brand Valuation

Routledge

Evaluation financière de la marque

Economica

Evaluation financière et normes IFRS

Economica

Working papers

Scientific articles

Building the legitimacy of whistleblowers: A multi-case discourse analysis

Contemporary Accounting Research, Spring 2019, vol. 36, n° 1, pp 7-49, (in coll. with H. STOLOWY, Y. GENDRON, J. MOLL)

Non-additivity in accounting valuation: Theory and applications

Abacus, September 2018, vol. 54, n° 3, pp 381-416, (in coll. with Jean-François CASTA, H. STOLOWY)

The expansion of non-financial reporting: an exploratory study

Accounting and Business Research, July 2018, vol. 48, n° 5, pp 525-548, (in coll. with H. STOLOWY)

The Effect of Business and Financial Market Cycles on Credit Ratings: Evidence from the Last Two Decades

Abacus, March 2017, vol. 53, n° 1, pp 59-93, (in coll. with G. LOBO, H. STOLOWY, P. ASTOLFI)

Books

Brand Valuation

Routledge

Evaluation financière de la marque

Economica

Evaluation financière et normes IFRS

Economica

Working papers

Education

  • CFA Charterholder, CFA Institute USA - USA
  • Ph.D., in Business Administration, Financial Accounting, Université Paris Dauphine - France
  • MSc in Finance, Université Paris Dauphine - France
  • Bachelor, Economics, ENS Cachan - France
  • Agregation, Economics and Management, ENS Cachan - France

Academic appointments

Academic responsabilities at HEC

  • 2016- Associate Professor, Accounting and Management Control HEC Paris
  • 2016- Member of GREGHEC (CNRS) HEC Paris

Awards & honors

Membership in Academic or Professional Organisation

  • 2018 Best Paper Award: "Accounting Information in Innovative Small and Medium Entities" 13th World Congress of Accounting Educators and Researchers, Sydney November 2018, The University of Sydney, IAAER (in collaboration with Andrei Filip and Alessandro Ghio)