Professor Ken Peasnell
Emeritus ProfessorCurrent Research
Fair value accounting. Determinants and effects of reported audit materiality thresholds. Governance effects of cross-border deals. Accounting theory.
Research Overview
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.
Current Teaching
MSc: AcF 706: Dissertation Stream. PhD: AcF 861: Accounting Theory Seminar.
External Roles
Member, Accounting Standards Board's Academic Advisory Panel.
Qualifications
DipBS, Sheffield, MSc, London, PhD, Lancaster, FCA
Career Details
Trainee chartered accountant 1961-1967. Financial analyst, IBM (UK) Ltd. 1968-1969. Research Fellow, Lancaster University 1970-1975. Lecturer in Accounting and Finance 1976-1978. Professor of Accounting 1977 to date.
Selected Publications
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
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
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
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 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
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
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
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
All Publications
Journal of Business Finance and Accounting (Journal)
Editorial activity
Accounting and Business Research (Journal)
Editorial activity
European Accounting Association (External organisation)
Membership of committee
American Accounting Association (External organisation)
Member of an organisation
London Business School
Visiting an external academic institution
Institute of Chartered Accountants of Scotland (External organisation)
Member of an organisation
British Accounting Review (Journal)
Editorial activity
- Accounting, Finance, Governance and Banking
- Bank Accounting and Regulation
- Financial Reporting
- International Centre for Research in Accounting