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Faculty of Management, Economics and Social SciencesProfessorship of Empirical Accounting

Holder of the Professorship of Empirical Accounting

Prof. Dr. Michael Stich

 

Research and Teaching Statement

In both teaching and research, I address and scientifically contribute to challenging contemporary topics in accounting (e.g., financial and sustainability accounting) and auditing/assurance and corporate governance (e.g., auditor remuneration and sustainability assurance) in the context of the most impactful global megatrends of the digital transformation and corporate sustainability (e.g., conflicts of these megatrends and carbon accounting). I conduct empirical research that is directed towards the highest international standards to generate major impact for corporate and political decision makers. I apply a principles-based teaching approach with e-learning techniques to train responsible business and societal leaders of tomorrow (i.e., those students who are "digital natives").

 

Five Key Publications in Scientific Journals

  • Ernstberger/Link/Stich/Vogler (2017): The real effects of mandatory quarterly reporting, in: The Accounting Review.
  • Ernstberger/Stich/Vogler (2012): Economic consequences of accounting enforcement reforms: The case of Germany, in: European Accounting Review.
  • Hitz/Ernstberger/Stich (2012): Enforcement of accounting standards in Europe: Capital market based evidence for the two-tier mechanism in Germany, in: European Accounting Review.
  • Lackmann/Ernstberger/Stich (2012): Market reactions to increased reliability of sustainability information, in: Journal of Business Ethics.
  • Steinmeier/Stich (2019): Does sustainability assurance improve managerial investment decisions?, in: European Accounting Review.

 

Five Examples for Practitioner-Oriented Publications

  • Lackmann/Steinmeier/Stich (2015): Status Quo der Chancen- und Risikoberichterstattung gemaess DRS 20 – Eine kritische Diskussion der Berichtspraxis der DAX 30-Unternehmen, in: Zeitschrift fuer Internationale und Kapitalmarktorientierte Rechnungslegung.
  • Lackmann/Stich (2013): Nicht-finanzielle Leistungsindikatoren und Aspekte der Nachhaltigkeit bei der Anwendung von DRS 20, in: Zeitschrift fuer Internationale und Kapitalmarktorientierte Rechnungslegung.
  • Steinmeier/Stich (2015): Nachhaltigkeitsberichterstattung in Deutschland – In puncto Assurance alles andere als weltmeisterlich!, in: Die Wirtschaftspruefung.
  • Stich (2017): Investitionsstrategien auf Basis des CO2-Ausstoßes, in: Oekologisches Wirtschaften.
  • Stich/Stich (2019): Berichterstattung über die digitale Transformation, in: Zeitschrift fuer Internationale und Kapitalmarktorientierte Rechnungslegung.

 

Selected Awards and Fellowships

  • Awards (e.g., Best Conference Paper Award of the 72nd Annual Meeting of the German Academic Association of Business Research, Best Reviewer Award of the 78th Annual Meeting of the German Academic Association of Business Research, and Michael Munkert Award for Audit Research).

  • Scholarships (e.g., Fellowship of the Schoeller Research Center, Young Researcher Award and Scholarship of the International Accounting Section of the American Accounting Association, and Conference Scholarship of the V.K. Zimmerman Center of the University of Illinois).

  • Student Awards (e.g., Christa-Lindner-Award for Business and Economics, Ernst-Zander-Disseration Award of the ifu – Management Institute, Dissertation Award of the DAI – German Institute of Share Promotion)

  • Student Scholarships (e.g., Bavarian Max Weber Program, BDI – Bonnbacher-Scholarship, and Elite Network of Bavaria).

 
Selected Reviewing Activities

  • Scientific Conferences (e.g., Annual Congresses of the European Accounting Association, Midyear and Annual Meetings of the American Accounting Association, and Annual Meeting of the German Academic Association of Business Research).

  • Scientific Research Journals (e.g., Contemporary Accounting Research, European Accounting Review, and The Accounting Review).

  • Practitioner-Oriented Journals (e.g., Betriebswirtschaftliche Forschung und Praxis, Die Unternehmung, and Journal fuer Betriebswirtschaft).

  • Research and Fellowship Institutions (e.g., German Research Foundation (DFG), Bavarian Max Weber Program, Stiftung Industrieforschung, and Studienstiftung des Deutschen Volkes).

 
Contact

Prof. Dr. Michael Stich

Email: stichSpamProtectionwiso.uni-koeln.de