Professor Ken Peasnell

Distinguished Professor

Research Overview

Understanding the financial crisis and fixing the financial system. Usefulness of accounting data for equity valuation. The prudential control of financial institutions. Issues in financial reporting and financial statement analysis. Development of accounting thought.

Residual Income and EVA
O'Hanlon, J., Peasnell, K. 4/04/2014 In: Wiley Encyclopaedia of Management. Wiley
Entry for encyclopedia/dictionary

Has the IASB been successful in making accounting earnings more useful for prediction and valuation?: UK evidence
Choi, Y., Peasnell, K., Toniato, J. 09/2013 In: Journal of Business Finance and Accounting. 40, 7-8, p. 741-768. 28 p.
Journal article

Discussion of Financial reporting for employee stock options: liabilities or equity
Peasnell, K. 09/2013 In: Review of Accounting Studies. 18, 3, 9 p.
Comment/debate

Should Repurchase Transactions be Accounted for as Sales or Loans?
Chircop, J., Kiosse, P.V., Peasnell, K. 1/12/2012 In: Accounting Horizons. 26, 4, p. 657-679. 23 p.
Journal article

The Basu measure as an indicator of conditional conservatism: Evidence from U.K. earnings components
Hsu, A., O'Hanlon, J.F., Peasnell, K.V. 2012 In: European Accounting Review. 21, 1, p. 87-113. 27 p.
Journal article

Credit where it's due: How to revive bank lending to British Small and Medium Sized Entreprises
Hutton, W., Peasnell, K. 11/2011 London : The Work Foundation. 19 p.
Other report

Residual income valuation models and inflation
Ashton, D.J., Peasnell, K.V., Wang, P. 09/2011 In: European Accounting Review. 20, 3, p. 459-483. 25 p.
Journal article

Financial distress and the earnings-sensitivity-difference measure of conservatism
Hsu, A., O'Hanlon, J.F., Peasnell, K.V. 09/2011 In: Abacus. 47, 3, p. 284-314. 31 p.
Journal article

Do investors understand really dirty surplus?
Landsman, W.R., Miller, B.L., Peasnell, K.V., Yeh, S. 2011 In: The Accounting Review. 86, 1, p. 237-258. 22 p.
Journal article

The fragile returns to investor relations: evidence from a period of declining market confidence
Peasnell, K.V., Talib, S., Young, S.E. 2011 In: Accounting and Business Research. 41, 1, p. 67-90. 24 p.
Journal article

The use of the R2 as a measure of firm-specific information: A cross-country critique
Alves, P., Peasnell, K., Taylor, P. 01/2010 In: Journal of Business Finance and Accounting. 37, 1, p. 1-26. 26 p.
Journal article

The contribution of Philip W. Bell to accounting thought
Peasnell, K.V., Whittington, G. 2010 In: Accounting Horizons. 24, 3, p. 509-518. 10 p.
Journal article

Reflections on the revision of the IASB framework by EAA academics
Dean, G., Gebhardt, G., Peasnell, K.V. 2009 In: Abacus. 45, 4, p. 518-527. 10 p.
Journal article

Litigation Risk and Auditor Conservatism: A UK-US Comparison
Li, S., Beekes, W.A., Peasnell, K.V. 2009 Lancaster University : The Department of Accounting and Finance
Working paper

Have changes in pension accounting changed pension provision?: a review of the evidence
Kiosse, P., Peasnell, K.V. 2009 In: Accounting and Business Research. 39, 3, p. 255-267. 13 p.
Journal article

Are asset securitizations sales or loans?
Landsman, W.R., Peasnell, K.V., Shakespeare, C. 2008 In: The Accounting Review. 83, 5, p. 1251-1272. 22 p.
Journal article

How does the market price pension accruals?
Kiosse, V., Lubberink, M., Peasnell, K. 2007 Lancaster University : The Department of Accounting and Finance
Working paper

The effect of large audit firm mergers on audit pricing in the UK
McMeeking, K.P., Peasnell, K.V., Pope, P.F. 2007 In: Accounting and Business Research. 37, 4, p. 301-319. 19 p.
Journal article

Performance reporting - the IASB's proposed formats of financial statements in the exposure draft of IAS 1
Thinggaard, F., Wagenhofer, A., Evans, L., Gebhardt, G., Hoogendoorn, M., Marton, J., Di Pietra, R., Mora, A., Peasnell, K.V. 2006 In: Accounting in Europe. 3, 1, p. 35 - 63. 29 p.
Journal article

What options does the future hold?
Peasnell, K.V. 2006 In: The HR Director. Apr, p. 25. 25 p.
Journal article

The determinants of the UK Big Firm premium
McMeeking, K.P., Peasnell, K.V., Pope, P.F. 2006 In: Accounting and Business Research. 36, 3, p. 207-231. 25 p.
Journal article

Which approach to accounting for employee stock options best reflects market pricing?
Landsman, W.R., Peasnell, K.V., Pope, P.F., Yeh, S. 2006 In: Review of Accounting Studies. 11, 2-3, p. 203-245. 43 p.
Journal article

Do outside directors limit earnings management?
Peasnell, K.V., Pope, P.F., Young, S.E. 2006 In: Corporate Finance Review. 10, 5, p. 5-10. 6 p.
Journal article

Board monitoring and earnings management: do outside directors influence abnormal accruals?
Peasnell, K.V., Pope, P.F., Young, S.E. 2005 In: Journal of Business Finance and Accounting. 32, 7-8, p. 1311-1346. 36 p.
Journal article

Residual income and EVA
O'Hanlon, J.F., Peasnell, K.V. 2004 In: The Blackwell Encyclopaedia of Management. Oxford : Blackwell p. 383-387. 5 p. ISBN: 0-6312-3317-2.
Chapter

Residual income valuation: are inflation adjustments necessary?
O'Hanlon, J.F., Peasnell, K.V. 2004 In: Review of Accounting Studies. 9, 4, p. 375-398. 24 p.
Journal article

Managerial equity ownership and the demand for outside directors
Peasnell, K.V., Pope, P.F., Young, S.E. 2003 In: European Financial Management. 9, 2, p. 99-118. 20 p.
Journal article

Residual income and value creation: the missing link
O'Hanlon, J.F., Peasnell, K.V. 2002 In: Review of Accounting Studies. 7, 2/3, p. 229-245. 17 p.
Journal article

The characteristics of firms subject to adverse rulings by the financial reporting review panel
Peasnell, K.V., Pope, P.F., Young, S.E. 2001 In: Accounting and Business Research. 31, 4, p. 291-311. 21 p.
Journal article

Fixed asset revaluation and equity depletion in the UK
Lin, Y.N., Peasnell, K.V. 2000 In: Journal of Business Finance and Accounting. 27, p. 359-394. 36 p.
Journal article

Detecting earnings management using cross-sectional abnormal accruals models
Peasnell, K.V., Pope, P.F., Young, S.E. 2000 In: Accounting and Business Research. 30, 4, p. 313-326. 14 p.
Journal article

Breaking the rules: attributes of firms censured by the review panel
Peasnell, K.V., Pope, P.F., Young, S.E. 2000 In: Accountancy. 125, p. 87. 87 p.
Journal article

Asset revaluation and current cost accounting: UK corporate disclosure decisions in 1983
Lin, Y.N., Peasnell, K.V. 2000 In: British Accounting Review. 32, p. 161-187. 27 p.
Journal article

Accrual management to meet earnings targets: UK evidence pre- and post-Cadbury
Peasnell, K.V., Pope, P.F., Young, S.E. 2000 In: British Accounting Review. 32, 4, p. 415-445. 31 p.
Journal article

Residual income and EVA
O'Hanlon, J.F., Peasnell, K.V. 2000 In: Economic and Financial Computing. 10, 2, p. 53-95. 43 p.
Journal article

Directors: who are they?
Peasnell, K.V., Pope, P.F., Young, S.E. 1999 In: Accountancy. 123, p. 114. 114 p.
Journal article

A new model board
Peasnell, K.V., Pope, P.F., Young, S.E. 1998 In: Accountancy. 112, p. 115. 115 p.
Journal article

Discussion of "Earnings management using asset sales: an international study of countries allowing asset revaluation"
Peasnell, K.V. 1998 In: Journal of Business Finance and Accounting. 25, p. 1319-1324. 6 p.
Journal article

Wall Street's contribution to management accounting: the Stern Stewart EVA ® financial management system
Peasnell, K.V., O'Hanlon, J.F. 1998 In: Management Accounting Research. 9, p. 421-444. 24 p.
Journal article

Wall Street's contribution to management accounting: the Stern Stewart EVA financial management system
O'Hanlon, J.F., Peasnell, K.V. 1998 Lancaster University : The Department of Accounting and Finance
Working paper

Fixed asset revaluation and equity depletion in the UK
Lin, Y.C., Peasnell, K.V. 1998 Lancaster University : The Department of Accounting and Finance
Working paper

Financial Reporting of Risk: Proposals for a Statement of Business Risk
Peasnell, K.V. 1997 London : Institute of Chartered Accountants in England and Wales.
Book

Commentary on The Journal of Business Finance and the Journal of Business Finance and Accounting: the first 25 years, 1969-94
Peasnell, K.V. 1997 In: Explorations in Financial Control. London : International Thomson Business Press p. 74-80. 7 p. ISBN: 1-86152-001-8.
Chapter

Another look at the deprival value approach to depreciation
Bell, P.W., Peasnell, K.V. 1997 In: The Development of Accounting in an International Context: A Festschrift in Honour of R H Parker. London and New York : Routledge p. 122-148. 27 p. ISBN: 0-415-15528-2.
Chapter

Measure for measure?
O'Hanlon, J.F., Peasnell, K.V. 1996 In: Accountancy. p. 50-52. 3 p.
Journal article

A U.K. perspective on accounting for goodwill and other intangibles
Peasnell, K. 1996 In: Issues in Accounting Education. 11, Fall, 3 p.
Comment/debate

Second Thoughts on the Analytical Properties of Earned Economic Income
Peasnell, K. 09/1995 In: British Accounting Review. 27, 3, p. 229-239. 11 p.
Journal article

Analytical Properties of Earned Economic Income
Peasnell, K. 03/1995 In: British Accounting Review. 27, 1, p. 5-33. 29 p.
Journal article

Commonalities Between Added Value Ratios and Traditional Return on Capital Employed
Kwong, C., Munro, J., Peasnell, K. 1995 In: Accounting and Business Research. 26, 1, p. 51-67. 17 p.
Journal article

Expectations, Security Yields, and Inflation: Ex ante Risk Premia on UK Shares, Corporate Bonds and Gilts, 1969 1987
Yaansah, R., Peasnell, K. 03/1994 In: Journal of Business Finance and Accounting. 21, 2, p. 155-174. 20 p.
Journal article

Capitalisation of Interest
Peasnell, K. 03/1993 In: British Accounting Review. 25, 1, p. 17-42. 26 p.
Journal article