Fernando
Peñalva
Professor of Accounting and Control
• Doctor of Philosophy in Business Administration (Accounting), University of California-Berkeley
• Master of Science in Business Administration, University of California-Berkeley
• Degree in Industrial Engineering, Universitat Politècnica de Catalunya
Professor Fernando Peñalva is a Professor of the Accounting and Control Department. His research focuses on the impact of accounting conservatism, fair value, earnings management and other accounting attributes, financial regulation and enforcement, sustainability, corporate governance, and international accounting (IFRS and US GAAP).
Professor Penalva has published in the top journals of his field: Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, Journal of Accounting and Public Policy, European Accounting Review, Journal of Business, Finance and Accounting, Accounting and Business Research, among others. Member of the Editorial Boards of the European Accounting Review, and Accounting and Business Research.
He was a member of the experts’ committee to improve the Spanish Governance Code of publicly traded companies appointed by the Government of Spain in May of 2013 on behalf of the Ministry of Economics. This committee produced the governance code of the Spanish regulator of the stock exchange (CNMV) published in February 2015, and subsequently revised in June 2020.
He was Secretary General of IESE’s Executive Committee for ten years until August 2016, and Vice Dean for Research and Development for three years. In total, he has served thirteen years as a member of IESE’s Executive Committee. He was the Head of the Department of Accounting and Control for six years.
Areas of interest.
• ESG reporting and disclosure
• Innovation and financial information
• Financial regulation and enforcement
• Accounting Attributes: Fair value, Conservatism, etc.
• Earnings management and accounting discretion
• Corporate Governance
• International accounting (IFRS and US GAAP)