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

"Cas pratique de comptabilité américaine : la "capitalisation" du crédit-bail"

Revue Française de Comptabilité, June 1992, n° 235, pp 28-30,

The American Influence in Accounting: Myth or Reality ? the Statement of Cash Flows Example

International Journal of Accounting (DO NOT USE - transferred to World Scientific as of 2019), Fall 1992, pp 185-221, (in coll. with S. Walser-Prochazka)

Evaluation et comptabilisation des engagements liés aux indemnités de départ à la retraite

Revue de Droit Comptable, July 1992, n° 92.1, pp 3-48,

Les financements de l'exploitation et leur comptabilisation, dossier-conseil

Revue Fiduciaire Comptable, September 1992, n° 178, pp 29-69,

Evaluation et comptabilisation des engagements liés aux indemnités de départ à la retraite

Les Petites Affiches, 20 December 1991, n° 152, pp 12-19,

Le tableau de financement : un aperçu de la pratique internationale

Analyse Financière, 1st term 1991, n° 84, pp 64-72,

Evaluation et comptabilisation des engagements liés aux indemnité de départ à la retraite

Les Petites Affiches, 23 December 1991, n° 153, pp 9-15,

A quoi sert l'audit ? - expert comptable et commissaire aux comptes in

Audit et Management, Les Cahiers Français, October-December 1990, n° 248, pp 5,

Bibliographie commentée

Audit et Management, Les Cahiers Français, October-December 1990, n° 248, pp 86-88,

Méthodologie de l'audit financier - les flow-charts

Audit et Management, Les Cahiers Français, October-December 1990, n° 248, pp 66-67,

Books

Chapters in edited books

Proceedings

Working papers

Scientific articles

Differences between Domestic Accounting Standards and IAS: Measurement, Determinants and Implications

Journal of Accounting and Public Policy, January-February 2007, vol. 26, n° 1, pp 1-38, (in coll. with Y. DING, O.-K. HOPE, T. JEANJEAN)

Identifying and coping with balance sheet differences: a comparative analysis of U.S., Chinese, and French oil and gas firms using the statement of financial structure

Issues in Accounting Education, November 2007, vol. 22, n° 4, pp 591-606, (in coll. with Y. Ding, G. Entwistle)

R&D productivity: an exploratory international study

Review of Accounting and Finance, 2007, vol. 6, n° 1, pp 86-101, (in coll. with M. TENENHAUS, Y. Ding)

Disclosure and Determinants Studies: An Extension Using the Divisive Clustering Method (DIV)

European Accounting Review, July 2006, vol. 15, n° 2, pp 181-218, (in coll. with M. Chavent, Y. DING, L. Fu, H. Wang)

Books

Chapters in edited books

Audit comptable et financier

Encyclopédie Du Management, J. P. Helfer, J. Orsoni, Vuibert

Introduction au mécanismes comptables : approche par les opérations ?, Les documents de synthèses, Un cadre d'analyse : les tableaux de financement et de flux

Les Mécanismes Comptables De L'Entreprise, Montchrestien - Gualino éditeur, 3e éd. 1998

Les principales opérations réalisées par l'entreprise, Un cadre d'analyse des flux : le tableau de financement

Les Mécanismes Comptables De L'Entreprise, 2E Éd. 1995, Montchrestien, Paris

Les évenements postérieurs à la clôture de l'exercice

Principes Comptables Et Information Financière, Editions Comptables Malesherbes

Proceedings

Working papers

Income statements "by nature" and analysis of company performance - an application to U.S. Airlines Companies

Cahier de Recherche du Groupe HEC , 2003

International differencies in R&D disclosure practices: Evidence in a French and Canadian context

Cahier de Recherche du Groupe HEC , 2003

R&D productivity: an international study

Cahier de Recherche du Groupe HEC , 2003

La référence à des normes 'alternatives' par les grands groupes français : une étude empirique sur la période 1985-1999 / The reference to 'alternative' standards by French l

Cahier de Recherche du Groupe HEC , 2002

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