Germán López Espinosa

Professor
Joint Appointment of Accounting and Control

• Ph.D. in Business Administration, Universidad de Alicante, Spain
• M.A. in Financial Accounting and Auditing, Colegio de Economistas, Alicante, Spain
• B.Sc. in Business Administration, Universidad de Alicante, Spain
• B.Sc. in Statistics, Universidad de Alicante, Spain

Germán López Espinosa is Professor in the Accounting and Control Department and Professor of Accounting at University of Navarra. He holds a joint appointment as Professor in both institutions. He is currently the academic director of IESE’s Center for International Finance (CIF) and he was academic director of the Master in Banking and Financial Regulation at the University of Navarra for 11 years.

He earned his B.Sc. in Statistics, his B.Sc. in Business Administration and his Ph.D. at Universidad de Alicante. He has been academic fellow at IASB and visiting scholar at NYU’s Stern School of Business.

His areas of specialization include financial accounting, bank accounting and financial stability. His teaching concentration is financial, corporate/tax and bank accounting.

His research emphasizes the link between Banking, Finance and Accounting. His work has been published in a variety of journals, such as Journal of Accounting Research, Review of Accounting Studies, Journal of Financial Intermediation, Journal of Banking and Finance, Journal of Financial Stability, Accounting Horizons, Journal of International Money and Finance, Financial Analysts Journal and European Financial Management.

He has acted as accounting expert witness in the Country’s High Court in CAM, BFA-Bankia and Pescanova cases, important transactions (Strategic Control of Türkiye Garanti Bankasi A. Ş. and Peugeot-Banque PSA Finance-Santander Consumer Finance investment agreement) and specific reports (Antonio Puig, Elecnor, Nutrexpa, Sol Meliá and Universidad de Navarra).

He has also received the Cross of Military Merit with White Decoration.

Areas of interest.

• Bank accounting
• Earnings Management and accounting discretion
• International accounting (IFRS and US GAAP)
• Financial Misreporting

Publications

Journal Articles (refereed)

LÓPEZ, G., PEÑALVA, F. (2023). Evidence from the adoption of IFRS 9 and the impact of COVID-19 on lending and regulatory capital on Spanish Banks. Journal of Accounting and Public Policy, 42 (4), Article 107097. doi:10.1016/j.jaccpubpol.2023.107097. GÓMEZ‐BISCARRI, J., LÓPEZ ESPINOSA, G., MESA‐TORO, A. (2022). Drivers of depositor discipline in credit unions. Annals of Public & Cooperative Economics, 93 (4), 849-885. doi:10.1111/apce.12352. GOMEZ-BISCARRI, J., LÓPEZ, G., MESA-TORO, A. (2021). The Risk implications of the business loan activity in credit unions. Journal of Financial Stability, 56. doi:10.1016/j.jfs.2021.100932.