Hervé STOLOWY

Professor

Accounting and Management Control

stolowy@hec.fr https://people.hec.edu/stolowy/
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Biography

Hervé Stolowy holds a Degree in Business Administration (ESCP Europe), a Master's degree in Law (University Paris-Val de Marne), a B.A. in Russian and American Studies (University Paris-Sorbonne), a Ph.D. in Financial Accounting (University Paris-Panthéon-Sorbonne) and an "Habilitation à diriger des recherches" ("Qualified Doctoral Dissertation Supervisor"). He is a certified "expert comptable" (French equivalent of a chartered accountant or certified public accountant).

He has authored and co-authored nine books (including "Financial Accounting and Reporting - A Global Perspective", Cengage, Andover, UK, 6th edition, 2020, in collaboration with Yuan Ding and Luc Paugam), chapters in 10 collective works and published over 70 articles in academic and applied journals (Abacus, Accounting Auditing & Accountability Journal, Accounting, Organizations and Society, Advances in International Accounting, Contemporary Accounting Research, Comptabilité - Contrôle - Audit, European Accounting Review, Finance - Contrôle - Stratégie, Journal of International Business Studies, The International Journal of Accounting, Issues in Accounting Education, Journal of Accounting and Public Policy, Les Echos, Review of Accounting and Finance, Revue de Droit Comptable, Revue Française de Comptabilité and Strategic Management Journal). His research and teaching interests span financial and international accounting, and focus more specifically on non-financial information, ESG reporting and performance, accounting fraud, accounts manipulation, whistleblowers, activist short sellers, intangibles, international accounting harmonization.

He is a member of the Association Francophone de Comptabilité (AFC), European Accounting Association (EAA), American Accounting Association (AAA), and Canadian Academic Accounting Association (CAAA).
He is past Editor of European Accounting Review, past president of AFC, past co-Editor of Comptabilité - Contrôle - Audit, past chair of the Standing Scientific Committee of the European Accounting Association.

Hervé Stolowy teaches financial accounting in the different graduate programs of HEC Paris:financial accounting and reporting (HEC-MBA Program, HEC Master of Science in Management - Grande Ecole and HEC EMBA).

Scientific articles

La comptabilité créative

Revue Fiduciaire Comptable, October 1995, n° 212, pp 26-32,

Un nouvel exemple de comptabilité créative : l'imputation des frais d'augmentation de capital sur la prime d'émission

Revue de Droit Comptable, July 1994, n° 94.1, pp 69-80,

Les frais de transport sur ventes - essai de typologie

Revue de Droit Comptable, September 1994, n° 94.3, pp 61-70,

Le dépôt des comptes annuels (suite)

Revue de Droit Comptable, September 1994, n° 94.3, pp 71-73,

Les groupements de moyens de professions libérales

Revue Fiduciaire Comptable, October 1994, n° 201, pp 23-48, (in coll. with E. Gawtarnik)

Le Nouveau Code Pénal : une solution à l'absence de dépôt des comptes annuels ?

Revue de Droit Comptable, June 1994, n° 94.2, pp 55-70,

Existe-t-il vraiment une comptabilité créative ?

Revue de Droit Comptable, 3 February 1994, n° 94.4, pp 79-107,

Techniques financières : enregistrement et impact sur l'analyse des comptes

Revue Fiduciaire Comptable, July 1993, n° 184, pp 22-34, 39-, (in coll. with C. de la Baume)

Le changement de date de clotûre : une solution miracle pour améliorer les résultats ?

Revue de Droit Comptable, 3 February 1993, n° 93.4, pp 107-116,

Les engagements de mutuelle et de prévoyance

Revue Française de Comptabilité, November 1993, n° 250, pp 56-63,

Books

Chapters in edited books

Proceedings

Working papers

Scientific articles

Observations on measuring the differences between domestic accounting standards and IAS: A reply

Journal of Accounting and Public Policy, March-April 2009, vol. 28, n° 2, pp 154-161, (in coll. with Y. Ding, T. JEANJEAN)

Do accounting standards matter? An exploratory analysis of earnings management before and after IFRS adoption

Journal of Accounting and Public Policy, November 2008, vol. 27, n° 6, pp 480-494, (in coll. with T. JEANJEAN)

The impact of firms' internationalization on financial statement presentation: Some French evidence

Advances in Accounting, June 2008, vol. 24, n° 1, pp 145-156, (in coll. with Y. Ding, T. JEANJEAN)

Towards an understanding of the phases of goodwill accounting in four Western capitalist countries: From stakeholder model to shareholder model

Accounting, Organizations and Society, October 2008, vol. 33, n° 7-8, pp 718-755, (in coll. with Y. Ding, J. Richard)

Books

Les mécanismes financiers de l'entreprise

Montchrestien - Gualino éditeur (in coll. with J. Eglem, A. Mikol, A. Pujol )

Les mécanismes comptables de l'entreprise

Montchrestien - Gualino éditeur (in coll. with C. Bonnier, J. Eglem, C. CAUVIN, P. Delvaille, C. Guerlain, C. Maillet, A. Mikol, D. PHAM, C. Simon, Y. DING )

Les tableaux de financement et de flux

Presses Universitaires de France (PUF), collection "Que Sais-Je ?"

Comment travailler avec ses auditeurs, experts comptables et commissaires aux comptes

Dunod (in coll. with A. Mikol )

Chapters in edited books

Dictionnaire de la comptabilité

Dictionnaire De La Comptabilité, 1995, Dictionnaire Fiduciaire Comptable 1998, Dictionnaire Comptable 2001, La Villeguérin Editions

L'intégration de la comptabilité générale, de la comptabilité analytique et des flux de trésorerie. Une réponse aux besoins des entreprises

Questions De Contrôle, L. Collins (Ed.), Presses Universitaires de France (PUF), 243-266

Obligations comptables des commerçants

Comptabilité Et Droit Comptable, A. Burlaud (Ed.), Gualino Editeur

France

World Accounting, J. D. Gould, K. S. Schulzke (Eds.), Lexis Nexis, 1

Proceedings

Working papers

Does Analyst Following Curb Earnings Management ? International Evidence

Cahier de Recherche du Groupe HEC , 2005

Nothing like the Enron Affair could happen in France (!)

Cahier de Recherche du Groupe HEC , 2005

Why do Firms Opt for Alternative-Format Financial Statements ? Some Evidence from France

Cahier de Recherche du Groupe HEC , 2005

Disclosure and determinants studies: An extension using the divisive clustering method (DIV)

Cahier de Recherche du Groupe HEC , 2004

Education

  • Habilitation a diriger des recherches (Qualified Research Supervisor), Accounting, Université Paris - Est Créteil Val-de-Marne - France
  • Doctorat de sciences de gestion (Ph.D. in Financial Accounting), Université Paris I Panthéon Sorbonne - France
  • "Expert comptable degree" (French C.P.A.). Best dissertation award, _ - France
  • Maitrise de Droit Prive, Université Paris - Est Créteil Val-de-Marne - France
  • Diplome Grande Ecole (Master Degree in Management), Ecole Supérieure de Commerce de Paris - ESCP - France
  • B.A. in Russian and American Studies, Université Paris Sorbonne Lettres et Civilisations - France

Scientific Activities

Membership in Academic or Professional Organisation

  • Secretary-Treasurer, International Association for Accounting Education and Research
  • Member of the executive committee and treasurer of the French Accounting Association
  • Fellow of the Center for International Accounting Education and Research (CIAER), Niagara University, USA (2001-)
  • Member of the Centre de Recherche en Controle et en Comptabilite Internationale (CRECCI), IRGAE, Universite de Montesquieu Bordeaux IV (2002-)
  • Member of the executive committee, vice-president (2003-2007) and president (2007-2009) of the French Accounting Association
  • Member, Association Francophone de Comptabilite (AFC)
  • Member, American Accounting Association
  • Member, Association Canadienne des Professeurs de Comptabilite

Editorial activities

  • 2016-2019 Editor of The European Accounting Review

    • Conference organisation

  • 2014- Organisation de la 9ème Journée de formation en Méthodologie de la Recherche en Comptabilité - Contrôle – Audit
  • 2010-2013 Chairman of the Standing Scientific Committee of the European Accounting Association
  • 2006-2006 Organization of the Illinois International Accounting Symposium (The International Journal of Accounting), HEC (in collaboration with Yuan Ding and Thomas Jeanjean)
  • 2006-2006 Member of the scientific committee of the 29th EAA Annual Congress (Dublin)
  • 2005-2005 Member of the scientific committee of the 28th EAA Annual Congress (Göteborg)
  • 2003-2003 Member of the scientific committee of the 26th EAA Annual Congress (Sevilla)
  • 2002-2002 Member of the scientific committee of the 25th EAA Annual Congress (Copenhagen)
  • 1997-1997 Chairman of the Scientific Committee and member of the Organizing Committee of the IAAER 8th World Congress (International Association for Accounting Education and Research), Paris
  • 1994- Co-organization of the French Accounting Association symposium: Pédagogie en comptabilité et relations entre milieux académiques et professionnels - France / USA, ESCP.
  • 1989- Organization of the French Accounting Association seminar: Le tableau de financement à l'ère des réformes, ESCP

    • Awards & honors

    • 2021 2021 Pierre Vernimmen - BNP Paribas Teaching Award: Career Achievement Award for teaching excellence
    • 2017 2017 Award for Excellence in accounting 2017 in the category Academics, Autorite des normes comptables (ANC)
    • 2013 Best Paper Award: "Evidence on the impact of adopting English as an external reporting language and foreign investment, analyst following, and liquidity", American Accounting Association International Accounting Section 2013 Mid-year conference, 21-23 February (in coll. with M. Erkens, T. Jeanjean and T. Yohn)
    • 2005 Best Paper Award: "Differences between Domestic Accounting Standards and IAS: Measurement, Determinants and Implications", International Research Conference for Accounting Educators, Bordeaux
    • 2005 HEC Foundation award for the book: Corporate Financial Reporting: A Global Perspective, 2002, Thomson, London (in coll. with M. Lebas).
    • 2003 BNP Paribas Pierre Vernimmen Teaching Award
    • 1986 1986 - Best CPA Disssertation Award