Research at Accounting and Finance
The key research areas of Accounting and Finance are management accounting, financial accounting and finance.
Important themes in management accounting research projects include:
- Management accounting practices and their changes
- Measurement and reporting systems to support management control
- The roles of accounting personnel and the development of their competences
- The research profile of Accounting and Finance also includes investigating the philosophical and methodological issues of business studies
Research in financial accounting focuses on:
- The market-based empirical research in accounting – how various stakeholders utilize financial reporting information released by companies
- Another, related, focus-area analyses financial reporting and disclosure quality and their determinants
- Research themes cover also corporate accountability to stakeholders and sustainability reporting
Research in finance focuses on:
- Empirical analysis covering corporate finance as well as investments and asset pricing
- Recent studies have analyzed for example corporate capital budgeting decisions, different ownership structures, and the role of currency risk in asset pricing
- The long-term development of stock markets
Visiting researchers
Professor Lukas Goretzki, - 1.1.2024-31.12.2026.
Stockholm School of Economics
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Associate Prof. Tony Kang- 26.9.-30.9.
University of Nebraska
PhD Fellow Andrea Mariani - 13.9.–10.12.
Università Cattolica del Sacro Cuore, Italy
Associate Prof. Sean Cao - 2.–3.12.
Georgia State University, USA
Prof. Albrecht Becker - 15.–23.2.
University of Innsbruck, Austria
Associate Prof. Martin Carlsson-Wall - 29.11.
Stockholm School of Economics, Sweden
Associate Prof. Lukas Goretzki - 8.11.
Stockholm School of Economics, Sweden
Prof. Eija Vinnari - 13.6.
University of Tampere
Prof. Jukka Pellinen - 16.5.
University of Jyväskylä
Prof. Sven Modell - 17.–21.3.
University of Manchester, UK
Prof. Albrecht Becker - 21.2.
University of Innsbruck, Austria
Prof. Paul Healy - 6.–7.9.
Harvard Business School, USA
Prof. Yves Gendron - 22.–25.8.
Laval University, Canada
Prof. Marc Wouters - 13.–20.8.
Karlsruhe Institute of Technology, Germany
Prof. Salvatore Federico - 21.–25.5.
University of Siena, Italy
Prof. Albrecht Becker - 19.-29.3.
University of Innsbruck, Austria
PhD Candidate Ingolf Kloppenburg - 16.3.
Stockholm School of Economics, Sweden
Prof. Collins G. Ntim - 1.–2.3.
University of Southampton, UK
Dr. Masafumi Fujino - 23.2.–1.3.
Nihon University, Japan
Prof. Jason Xiao - 1.12.
Cardiff Business School, Cardiff University, UK
Prof. Sven Modell - 24.–26.10.
University of Manchester, UK
Prof. Michael Jones - 23.–25.8.
University of Bristol, UK
Dr. Francois-René Lherm - 4.–8.6.
ESCP, Paris, France
Dr. Susan O´Leary - 3.–5.5.
Royal Holloway, University of London, UK
Prof. Albrecht Becker - 2.–14.4.
University of Innsbruck, Austria
Prof. Wim van der Stede - 30.3.–1.4.
London School of Economics, UK
Dr. Henning Christner - 1.–21.3.
Stockholm Business School, Stockholm University, Sweden
Prof. Bino Catasús - 20.–22.10.
Stockholm Business School, Stockholm University, Sweden
Prof. Mats Alvesson - 22.–23.9.
Lund University, Sweden
PhD Candidate Marek Reuter - 15.9.–14.10.
University of Innsbruck, Austria
Dr. Masafumi Fujino - 2.4.2015–31.3.2016 & 28.7.–9.9.2016
Nihon University, Japan
Dr. Nicole Sutton - 5.–7.6.
University of Technology, Sydney, Australia
Dr. Lucas Goretzki - 17.–27.5.
University of Innsbruck, Austria
Dr. David Bedford - 14.3.–10.4.
University of Technology, Sydney, Australia
KTT Timo Teinilä - 7.–8. & 10.–11.3.
Asian Development Bank, Philippines
Prof. Tatiana A. Garanina - 29.2.–4.3.
Graduate School of Management, St. Petersburg University, Russia
Prof. Albrecht Becker - 17.2.–1.3
University of Innsbruck
Prof. Frederick Lindahl - 4.1.–31.1.
The George Washington University, USA
Dr. Linn Gevoll - 28.–30.10.
Copenhagen Business School, Denmark
Dr. Hiroyuki Suzuki - 21.9.
Manchester Business School, UK
Prof. Allan Hansen - 9.–11.9.
Copenhagen Business School, Denmark
PhD Candidate Franciele Beck - 17.8.–21.11.
University of Sao Paulo, Brazil
Prof. Torkel Strömsten - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
PhD Candidate Per Åhblom - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
PhD Candidate Patrik Tran - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
Prof. Martin Carlsson-Wall - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
Prof. Kalle Kraus - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
Prof. Johnny Lind - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
Dr. Henning Christner - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
PhD Candidate Gabriel Karlberg - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
Prof. Ebba Sjögren - 13.–14.8.
Stockholm School of Economics, Stockholm University, Sweden
Prof. Asako Fujino - 7.8.
Kansai University, Japan
Dr. Eri Yokota - 7.8.
Keio University, Japan
Dr. Sirle Burkland - 26.5.
University of Southern Denmark, Denmark
Prof. Sven Modell - 26.5.
University of Manchester, UK
Prof. Martin Messner - 26.5.
University of Innsbruck, Austria
Dr. Lukas Goretzki - 4.–29.5.
University of Innsbruck , Austria
Dr. Masafumi Fujino - 2.4.2015–31.3.2016
Nihon University, Japan
Prof. Dr. Marcus Wouters - 11.–13.3.
IBU, KIT University of Amsterdam, Netherlands
Prof. Michael John Jones - 9.3.
The University of Bristol, UK
Prof. Albrecht Becker - 8.–21.3.
University of Innsbruck, Austria
Dr. David Bedford - 9.–21.2.
University of Technology, Sydney, Australia
Assistant Prof. Daniel Martinez - 4.–6.2.
HEC, Paris, France
Prof. Frederick Lindahl - 12.1.–15.2.
The George Washington University, USA
KTT Timo Teinilä - 8.1.–12.2.
African Development Bank, Tunisia
Prof. Cristiana Cattaneo - 5.–6.1.
University of Bergamo, Italy
PhD Candidate Gaia Bassani - 5.–6.1.
University of Bergamo, Italy
Prof. Murray Lindsay - 11.–12.11.
University of Lethbridge, Canada
PhD Candidate Francois-René Lherm - 15.8.–20.9.
ESCP, Paris, France
Dr. Lukas Goretzki - 25.–28.8. & 12.–16.5.
University of Innsbruck, Austria
Dr. Masafumi Fujino - 25.–26.8.
Nihon University, Japan
Prof. Sven Modell - 21.–22.8.
Manchester Business School, UK
Prof. Frederick Lindahl - 24.5.–2.6. & 17.1.–15.2.
The George Washington University, USA
KTT Timo Teinilä - 7.–14.1.
African Development Bank, Tunisia
Prof. Paul Healy - 30.5.–3.6.
Harvard Business School, USA
Dr. Lukas Goretzki - 21.–24.5.
University of Innsbruck, Austria
Prof. Sven Modell - 21.–23.5.
Manchester Business School, UK
Prof. Martin Messner - 21.–24.5.
University of Innsbruck, Austria
Prof. Jesse Dillard - 24.–27.4.
Portland State University, USA
Prof. Johnny Lind - 15.–16.3.
Stockholm School of Economics, Stockholm University, Sweden
Prof. Frederick Lindahl - 1.3.–1.4.
The George Washington University, USA
Prof. John P. Broussard - 2.–26.1.
Rutgers University, USA
PhD Candidate Gaia Bassani - 5.10.–5.11.
The University of Bergamo , Italy
PhD Candidate Angela Liew - 20.8.–9.9.
The University of Auckland, New Zealand
Dr. Jan Pfister - 1.8.–31.12.
Lancaster University Management School, UK
Prof. Frederick Lindahl - 22.5.–10.6.
The George Washington University, USA
Dr. Andrea Mennicken - 16.–18.4.
The London School of Economics and Political Science, UK
Prof. Angela Gore - 1.1.–30.6.
The George Washington University, USA
Prof. Frederick Lindahl - 17.5.–5.6. & 23.10.–20.11.
The George Washington University, USA
Prof. Michael J. Jones - 10.–19.8.
University of Bristol, UK
Prof. Jill Solomon - 10.–19.8.
King´s College London, University of London, UK
Dr. Kenneth A. Merchant - 15.–18.5.
USC University of Southern California, USA
Isabella Brown - 10.–12.5.
Dr. Paul Brown - 10.–12.5.
University of Technology Sydney, Australia
Mr. Santiago Velasquez - 24.3.
Tampere University of Technology, Finland
Prof. Sami Vähämaa - 18.–21.1.
University of Central Florida, USA
Other relevant material
What are the motivations? An article based on survey and interviews for accounting doctoral researchers.
Research projects
The SUSTAIN consortium was founded to comprehensively examine and analyse the sustainability construction in firms that have low and high sustainability profiles in China and Finland. The focus is on resource and energy intensive firms in basic materials, industrials and consumer goods industries. The objective is to examine the sustainability orientation, sustainability systems and sustainability reporting of firms; where sustainability orientation is the inclusion of sustainability in a firm’s overall strategy and business processes, sustainability systems is sustainability data collection, categorisation, recording and use within firms, and sustainability reporting is external disclosures to stakeholders.
The SUSTAIN research project contributes by examining the coherence of the internal and external dimensions of sustainability in organisations. The project will 1) reveal potential discrepancies between these two dimensions, and 2) understand factors leading to the improvement of sustainability, and 3) create a new firm level database on sustainability orientation, sustainability systems and sustainability reporting. By focusing on institutional theory, which provides insight into sustainability factors, the findings will also have managerial and legislative importance.
For more information: visit project's website or contact Professor Hannu Schadewitz (email hannu.schadewitz@utu.fi).
Performance management for a sustainable future: Exploring the feasibility of prosocial assumptions
Performance management and management control systems (MCS) research has been significantly influenced by economic theory and, therefore, rests on the assumption that individuals are self-interested utility maximisers who might shirk organizational responsibilities for personal gain if an opportunity arises to do so. However, given social theories can have profound performative and thereby even self-fulling effects, we argue that this assumption paradoxically creates a narrative in research and practice that cultivates, rather than challenges, the values and norms of selfish or even antisocial organizational behaviour. Here, we address this concern. We argue that cultivating prosocial behaviour in organizations is one important condition for solving the wicked problems of our time. Drawing on the design principles of Elinor Ostrom, a 2009 Nobel Prize Winner in Economics, this project provides a novel approach in MCS research to study performance management in organizations based on prosocial assumptions. This prosocial approach assumes that self-interested behaviour tends to outperform prosocial behaviour within groups, but prosocial groups outperform groups dominated by self-interested behaviour. We explore the prosocial approach in different theoretical domains and empirical settings, including the areas of academic research culture, public sector administration, technology industry, finance industry, gender inequality, and poverty alleviation.
Principal investigator: Jan Pfister (University of Turku)
Project members:
Thomas Ahrens (United Arab Emirates University)
Claire Dambrin (ESCP Paris)
Solomon Darwin (University of California at Berkeley)
Markus Granlund (University of Turku)
Sarah Jack (Lancaster University and Stockholm School of Economics)
Erkki Lassila (University of Turku)
Kari Lukka (University of Turku)
David Otley (Lancaster University)
Zachary Sherman (University of Turku)
For more information, please contact Associate Professor Jan Pfister (email jan.pfister@utu.fi).