Departamento de Contabilidad y Control

El principal objetivo del departamento es desarrollar futuros líderes que sean eficientes en sus evaluaciones e informen sobre las actividades empresariales para poder tomar decisiones en el ámbito operativo y estratégico.

Informar con eficacia sobre las actividades económicas de una empresa es esencial tanto para las decisiones internas que toman los equipos de dirección como para las externas que ejercen los inversores y las partes interesadas. Así, los miembros del claustro del IESE no solo forman a los directivos en los métodos y principios de la contabilidad, también les enseñan a entender de qué manera la contabilidad les ayuda a desempeñar sus responsabilidades administrativas dentro de la empresa.

Materias académicas

  • Contabilidad financiera
  • Dirección contable
  • Informes financieros corporativos
  • Análisis fundamental
  • Control de gestión
  • Análisis de los estados financieros internacionales

A través de su investigación, el claustro que compone el departamento explora las tendencias más recientes y de mayor impacto en contabilidad y control.

Algunas de estas investigaciones se han publicado en prestigiosas revistas como The Accounting Review, Review of Accounting Studies o The Journal of Accounting and Economics.

Former Collaborators


  • Zanh BOZANIC (October 2018)
    The Ohio State University
  • Katharina HOMBACH (October 2018)
    Frankfurt School of Finance & Management
  • Aytekin ERTAN (November 2018)
    London Business School
  • Delphine SAMUELS (November 2018)
    MIT Sloan School of Management
  • Mark DEFOND (March 2019)
    University of Southern California
  • Pepa KRAFT (March 2019)
    HEC Paris
  • Alastair LAWRENCE (March 2019)
    London Business School
  • Sharon KATZ (April 2019)
  • Joanna WU (May 2019)
    University of Rochester
  • Hans CHRISTENSEN (June 2019)
    The University of Chicago Booth School of Business
  • Eric SO (October 2017)
    Massachusetts Institute of Technology
  • Gil SADKA (November 2017)
    Naveen Jindal School of Management – The University of Texas at Dallas
  • Holger DASKE (November 2017)
    University of Mannheim
  • Steven MONAHAN (November 2017)
    INSEAD Business School
  • Ulf BRÜGGEMANN (December 2017)
    HU Berlin
  • Wenjiao CAO (January 2018)
    Frankfurt School of Finance & Management
  • Alper DARENDELI (January 2018)
    London Business School
  • Erik JOHANNESSON (January 2018)
    Columbia Business School
  • Sarah KRÖCHERT (February 2018)
    Humboldt University of Berlin
  • Thomas RAUTER (February 2018)
    Vienna University of Economics and Business
  • Oleg KIRIUKIN (February 2018)
    The University of Chicago, Booth School of Business
  • Haresh SAPRA (February 2018)
    The University of Chicago, Booth School of Business
  • Jessica KIM-GINA (February 2018)
    The Wharton School, University of Pennsylvania
  • Partha MOHANRAM (March 2018)
    Rotman School of Management University of Toronto
  • Christian LEUZ (April 2018)
    The University of Chicago Booth School of Business
  • Maximilian MUELLER (May 2018)
    WHU-Otto Beisheim School of Management
  • Eddie RIEDL (May 2018)
    Boston University Questrom School of Business
  • Shiva RAJGOPAL (June 2018)
    Columbia Business School
  • Yun LOU (June 2018)
    Singapore Management University
  • Shivakumar LAKSHMANAN (October 2016)
    London Business School
    “Do Compensation Disclosures Matter for SoP Voting?”
  • Irem TUNA (November 2016)
    London Business School
    “Foreign versus Domestic Corporate Investment Decisions”
  • Omri EVEN-TOV (March 2017)
    Berkeley Haas School of Business
    “What Explains Acquisition Premiums and Why do Targets Reject Offers? – Evidence from Failed Acquisition Offers”
  • Colleen HONIGSBERG (May 2017)
    Stanford Law School
    “What Happens when Loans Become Legally Void? Evidence from a Natural Experiment”
  • Stefan REICHELSTEIN (May 2017)
    Graduate School of Business, Stanford University
    “Relating Product Prices to Long-Run Marginal Cost: Evidence from Solar Photovoltaic Modules“
  • Sugata ROYCHOWDHURY (June 2017)
    Carroll School of Management, Boston College
    “Does Litigation Encourage or Deter Real Earnings Management?”
  • Reuven LEHAVY (September 2015)
    University of Michigan
    “Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach”
  • Mark WOUTERS (October 2015)
    Karlsruhe Institute of Technology
    “Using Customer Value Propositions to Guide Technology Commercialization”
  • Catherine SCHRAND (October 2015)
    University of Pennsylvania
    “Do Managers Tacitly Collude to Withhold Industry-Wide Bad News?”
  • Carlos CORONA (December 2015)
    Carnegie Mellon University
    “Banks’ Voluntary Adoption of Fair Value Accounting, Procyclical Investment, and Capital Requirement”
  • Xanthi GKOUGKOUSI (April 2016)
    Nova School of Business and Economics
    “Information Content of Aggregate Loan Loss Provisions”
  • Jonas HEESE (May 2016)
    Harvard Business School
    “Politically Connected Firms and SEC Comment Letters”

Job Opportunities

Positions in the following areas: Financial Accounting, Managerial Accounting, and Management Control Systems

The Accounting and Control Department is seeking applicants for full-time, tenure-track faculty positions. We consider all levels: Assistant, Associate, or Full Professor, in Financial Accounting, Managerial Accounting, and Management Control Systems.

JOB QUALIFICATIONS: Demonstrated ability or potential for high-quality research and teaching are essential. Applicants must have a PhD (expected completion by July 31, 2019) from an accredited institution. The appointment is expected to begin in October 2019.

IESE Business School, the graduate school of management of the University of Navarra, is located in Barcelona and Madrid and has facilities in Munich, New York and Sao Paulo. It offers the MBA, Global Executive MBA, Executive MBA and PhD in Management degrees, as well as a wide range of executive education programs for global senior executives and Continuing Education programs for alumni. IESE is an equal opportunity, affirmative action employer. Women and minority candidates are strongly encouraged to apply.

If you are interested, please apply by Dec. 14, 2018 through the following link, where you will also find additional information and contact details:

Please note that only applications submitted through the links above will be considered.

Best regards,

The Recruiting Committee


Artículos en journal con referee

DYRENG, S., HILLEGEIST, S. A., PEÑALVA, F. (2022). Earnings management to avoid debt covenant violations and future performance. European Accounting Review, 31 (2), 311-343. doi:10.1080/09638180.2020.1826337.
AZAR, J., DURO, M., KADACH, I., ORMAZABAL, G. (2021). The Big three and corporate carbon emissions around the world. Journal of Financial Economics, 142 (2), 674-696. doi:10.1016/j.jfineco.2021.05.007.
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.
BOLTON, P., KACPERCZYK, M. T., LEUZ, C., ORMAZABAL, G., REICHELSTEIN, S., SCHOENMAKER, D. (2021). Mandatory carbon disclosures and the path to net zero. Management and Business Review. (Forthcoming)
BADIA, M., DURO, M., JORGENSEN, B. N., ORMAZABAL, G. (2021). Disclosure regulation and competitive interactions. Evidence form the oil and gas industry. The Accounting Review, 96 (5), 1-29. doi:10.2308/TAR-2018-0436.
BADIA, M., DURO, M., PEÑALVA, F., RYAN, S. (2021). Debiasing the measurement of conditional conservatism. Journal of Accounting Research, 59 (4), 1221-1259. doi:10.1111/1475-679X.12366.
SIMONS, R., DÁVILA, A. (2021). How top managers use the entrepreneurial gap to drive strategic change. European Accounting Review, 30 (4), 583-609. doi:10.1080/09638180.2020.1792959.
BONETTI, P., LEUZ, C., MICHELON, G. (2021). Large-Sample Evidence on the Impact of Unconventional Oil and Gas Development on Surface Waters. SCIENCE, 373 (6557), 896-902. doi:10.1126/science.aaz2185.
VILLAESCUSA, N., AMAT, O. (2021). When collusion meets the fraud triangle: a case study approach. Journal of Financial Crime. doi:10.1108/JFC-05-2021-0111. (Online first)
LÓPEZ, G., ORMAZABAL, G., SAKASAI, Y. (2021). Switching from incurred to expected loan loss provisioning. Early evidence. Journal of Accounting Research, 59 (3), 757-804. doi:10.1111/1475-679X.12354.

Documentos de investigación

BONETTI, P., LEUZ, C., MICHELON, G. (2022). Internalizing externalities. Disclosure regulation for hydraulic fracturing, drilling activity and water quality.
COHEN, S., KADACH, I., ORMAZABAL, G. (2022). Why do institutional investors request climate related disclosures?.
COHEN, S., KADACH, I., ORMAZABAL, G., REICHELSTEIN, S. (2022). Executive compensation tied to ESG performance. International evidence.
BONETTI, P., ORMAZABAL, G. (2022). Boosting international investment. The Role of expert assessments of corporate governance.
CUGUERÓ-ESCOFET, N., ROSANAS J. M., J. M. (2021). Inequality, Economism and Bad Management (WP-1306-E). Barcelona: IESE.

RANEY, R., CURTIS, A. (2021). Delayed updating of fair values. Lack of information or intentional delays?. American Accounting Association Financial Accounting and Reporting Section Conference 2021.

Artículos en otra publicación

ROSANAS, J. M. (2017). Consistent Decisions, Trust and Being Mindful of Consequences. Juan A. Pérez López: The View from 2016. Alumni Magazine (144), pp. 28 - 31.
ROSANAS, J. M. (2017). Decisiones consistentes, confianza y huellas. Juan Antonio Pérez López visto desde el 2016. Revista de Antiguos Alumnos (144), pp. 32 - 35.
ORMAZABAL, G. (2016). Lo que todo consejero debería saber. Supervisión de riesgos. IESE Insight (28), pp. 23 - 28.
ORMAZABAL, G. (2016). Risk Oversight: What Every Director Should Know. Are Risky Boards Getting Riskier? IESE Insight (28), pp. 23 - 28.
FERNÁNDEZ, A. (2015). How to Fuel Healthy Growth. A User's Guide for Small Business Success. IESE Insight (25), pp. 17 - 24.


PEREIRA, F., GRANDES, M. J. (2016). Dirección y Contabilidad Financiera. Barañáin: EUNSA. Ediciones Universidad de Navarra.
ROSANAS, J. M. (2013). Decision-Making in an Organizational Context. Beyond Economic Criteria. Basingstoke [England]: Palgrave Macmillan.
PEREIRA, F., ROSANAS, J. M., BALLARÍN FREDES, E., GRANDES, M. J. (2011). Contabilidad para dirección. Barañáin: EUNSA. Ediciones Universidad de Navarra.
ROSANAS, J. M. (2010). Més enllà de l'eficàcia. Un punt de vista humanista i realista de la presa de decisions, les organitzacions i les persones.
PALENCIA, L. (2010). Accounting Conservatism in Accounting-Based Valuation Models. Interaction Between Conservatism and Growth. Saarbrücken, Germany: Lambert Academic Publishing.

Libros editados

DÁVILA, A., EPSTEIN, M. J., SHELTON, R. (2006). The creative enterprise: Managing innovative organizations and people: Strategy. London: Praeger Publishers.
DÁVILA, A., EPSTEIN, M. J., SHELTON, R. (2006). The creative enterprise: Managing innovative organizations and people: Execution. London: Praeger Publishers.
DÁVILA, A., EPSTEIN, M. J., SHELTON, R. (2006). The creative enterprise: Managing innovative organizations and people: Culture. London: Praeger Publishers.

Capítulos en libro

VILLAESCUSA, N. (2022). The fraud triangle. Assessing fraud risk. In Suleman Sherali Kamwani; Elisabete S. Vieira ; Mara Madaleno and Graça Azevedo (Ed.), Handbook of research on the significance of forensic accounting techniques in corporate governance. Hershey, PA: Igi Global.
DURO, M., ORMAZABAL, G. (2018). Does Regulating Banks' Corporate Governance Help? A Review of the Empirical Evidence. In Belén Díaz Díaz, Samuel O. Idowu, Philip Molyneux (Eds.), Corporate Governance in Banking and Investor Protection: From Theory to Practice (pp. 3 - 20). Cham: Springer International Publishing.
SEAGER, P., MAXIMON, H. M. (2017). "Show Me the Money!" Getting Inside the Bottom Line. In Mike Rosenberg and Philip H. Seager (Ed.), Managing Media Businesses: A Game Plan to Navigate Disruption and Uncertainty (pp. 37 - 53).
GINER, B., PEÑALVA, F. (2014). Conservatism and Accounting Earnings. In Colin Clubb and Shahed Imam (Editors) (Ed.), Wiley Encyclopedia of Management; Vol. 1 Accounting (pp. 1 - 8). Chichester: John Wiley & Sons.
ROSANAS, J. M. (2010). Organización y Management. En VV.AA. (Ed.), Nuevas tendencias en management. Fundamentos y aplicaciones (pp. 153 - 174).


WEBER, E., ARIÑO, M. A., TORT-MARTORELL, P., PUIGFERRAT, R., COLL, C., IESE (2016). Business Barometer Back to Basics 2016.


RANEY, R. (2022). Tidal Cloud: Cost Allocation in the Cloud. IESE, C-806-E.
BONETTI, P. (2022). PlenAir: How Accounting Can Improve Performance. IESE, C-807-E.
SOLER, E., ORMAZÁBAL, G. (2021). Le Grand Hôtel de Leysin (GHL). IESE, C-805.
DURO, M., GRANDES, M. J., PALENCIA, L. (2021). Biosafety Level Logistics (BLL). IESE, C-803-E.
GRANDES, M. J., PALENCIA, L., DURO, M. (2021). Electroareta. IESE, C-801-E.

Notas técnicas

PEÑALVA, F., BADIA, M., DURO, M. (2022). Financial Assets. IESE, CN-243-E.
COBO, E., DURO, M., SOLER, E. (2020). Preparación y auditoría de las cuentas anuales. IESE, CN-242.
COBO, E., DURO, M., SOLER, E. (2020). Preparation and Audit of the Annual Financial Statements. IESE, CN-242-E.
BALLARÍN FREDES, E. (2016). Tablas de valor actual. IESE, CN-109.
BALLARÍN FREDES, E. (2016). Current Value Tables. IESE, CN-109-E.