Wim Der Stede
CIMA Professor of Accounting and Financial Management / Head of Department at The London School of Economics and Political Science
Schools
- The London School of Economics and Political Science
Links
Biography
The London School of Economics and Political Science
Research interests
- Management control systems: budgeting, performance measurement and incentive systems
- Corporate governance: executive compensation and internal controls
Expertise Details
boards of directors; budgeting; corporate governance; executive compensation; incentive systems; internal controls; management control systems; performance measurement
Selected editorial roles
- Accounting Organizations and Society (Editorial Board)
- Behavioral Research in Accounting (Editorial Board)
- Contemporary Accounting Research (Former Associate Editor, Ad-hoc Editor, Editorial Board)
- European Accounting Review (Editorial Board)
- Management Accounting Research (Editor-in-Chief)
- The Accounting Review (Editorial Board)
Education
- Doctorate Ghent University (1993 — 1997)
- Visiting PhD Student University of Southern California (1994 — 1995)
- Postgraduate Vlerick Business School (1990 — 1991)
- Undergraduate Ghent University (1986 — 1990)
Selected awards
- LSE Teaching Excellence Award (2017 and 2016)
- AAA Outstanding International Accounting Educator Award (2019)
- AAA Notable Contribution to Management Accounting Literature Award (2017 and 2007)
- Article of Merit, International Federation of Accountants (2009 and 2008)
- Jim Bulloch Award for Innovations in Management Accounting Education, Institute of Management Accountants (2009)
Books
Merchant, Kenneth A & Wim A Van der Stede (2017), Management Control Systems: Performance Measurement, Evaluation, and Incentives (London: Prentice Hall), Fourth Edition
Translated in Italian (with L Zoni): Sistemi di controllo di gestione: misure di performance, valutazione e incentive (Milan: Pearson), 2013
Translated in Indonesian, Sistem pengendalian manajemen: pengukuran kinerja, evaluasi, dan insentif (Jakarta: Salemba Empat), 2014
Selected academic articles
Avagyan Vardan, Nuno Camacho, Wim A Van der Stede & Stefan Stremersch (2022), Financial Projections in Innovation Selection: The Role of Scenario Presentation, Expertise, and Risk, International Journal of Research in Marketing 39, in press.
Van der Stede, Wim A, Anne Wu & Steve Yuching Wu (2020), An Empirical Analysis of Employee Responses to Bonuses and Penalties, The Accounting Review 95, 395-412Van der Stede, Wim A (2020), Discussion of ‘The Effects of Creative Culture on Real Earnings Management’, Contemporary Accounting Research 37, 2348-2356
Caglio, Ariela, Andrea Dossi & Wim A Van der Stede (2018), CFO Role and CFO Compensation: An Empirical Analysis of their Implications, Journal of Accounting & Public Policy 37, 265-28Van der Stede, Wim A (2017), “Global” Management Accounting Research: Some Reflections, Journal of International Accounting Research 16, 1-8
Indjejikian, Raffi, Michal Matejka, Kenneth A Merchant & Wim A Van der Stede (2014), Earnings Targets and Annual Bonus Incentives, The Accounting Review 89, 1227-1258
Van der Stede, Wim A (2014), A Manipulationist View of Causality in Cross-Sectional Survey Research, Accounting, Organizations & Society 39, 567-574
Van der Stede, Wim A (2013), Discussion of ‘The Role of Performance Measures in the Inter-temporal Decisions of Business Unit Managers’, Contemporary Accounting Research 30, 962-969
Van der Stede, Wim A (2013), Review of ‘Discretion in Managerial Bonus Pools’, The Accounting Review 88, 351-354
Van der Stede, Wim A (2011), Management Accounting Research in the Wake of the Crisis: Some Reflections, European Accounting Review 20, 605-623
Gong, James, Wim A Van der Stede & Mark Young (2011), Real Options in the Motion Picture Industry: Evidence from Film Marketing and Sequels, Contemporary Accounting Research 28, 1438-1466
Merchant, Kenneth A, Wim A Van der Stede, Thomas W Lin & Zengbiao Yu (2011), Performance Measurement and Incentive Compensation: An Empirical Analysis and Comparison of Chinese and Western Firms' Practices, European Accounting Review 20, 639-667
Balachandran, Kashi R, Andrea Dossi & Wim A Van der Stede (2010), Corporate Governance Research in 'The Rest of the World', Journal of Accounting Auditing & Finance 25, 523-530
Matejka, Michal, Kenneth A Merchant & Wim A Van der Stede (2009), Employment Horizon and the Choice of Performance Measures: Empirical Evidence from Annual Bonus Plans of Loss-Making Entities, Management Science 55, 890-905
Gibbs, Michael, Kenneth A Merchant, Wim A Van der Stede & Mark E Vargus (2009), Performance Measure Properties and Incentive System Design, Industrial Relations 48, 237-264
Jansen, Pieter, Kenneth A Merchant & Wim A Van der Stede (2009), National Differences in Incentive Compensation Practices: The Differing Roles of Financial Performance Measurement in The United States and The Netherlands, Accounting, Organizations & Society 34, 58-84
Selected other articles, chapters, and practice contributions
Van der Stede, Wim A (2018), Multitasking Academics, Issues in Accounting Education 33, 85-94
Van der Stede, Wim A (2015), Management Accounting: Where From, Where Now, Where To?, Journal of Management Accounting Research, 171-176
Van der Stede, Wim A (2014), Budgeting and Management Control, In: Wiley Encyclopedia of Accounting (Vol. 1 of Wiley Encyclopedia of Management), 3e, 109-115
Van der Stede, Wim A & Dimitri Kruik (2013), Governance Culture in the Boardroom, Management Control and Accounting (February), 10-13
Young, Mark S, James J Gong & Wim A Van der Stede (2012), Using Real Options to Make Decisions in the Motion Picture Industry, Strategic Finance (May), 53-59
Van der Stede, Wim A (2011), Risk and Governance Reporting: Challenges for Effective Disclosures, CFO Aktuell (December), 200-203
Van der Stede, Wim A & Tommaso Palermo (2011), Scenario Budgeting: Integrating Risk and Performance, Finance & Management 184, 10-13
Van der Stede, Wim A (2009), Designing Effective Reward Systems, Finance & Management 170 (October), 6-9
Van der Stede, Wim A (2009), Risk and Performance Management through the Business Cycle, CMA Management (May), 24-27
Videos
Scenario Presentation and Selection of Innovation Projects Prof. Wim A. Van der Stede
Values matter by Wim a van der Stede
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