Univ.-Prof. Dr. Zoltán Novotny-Farkas
Zoltán Novotny-Farkas graduated in International Business Administration at the University of Vienna. He earned his doctoral degree at the Goethe University Frankfurt in 2011. Subsequently, he spent a year as a visiting scholar at the Wharton School of the University of Pennsylvania. From 2012 till 2018 he was a lecturer / senior lecturer (from 2017) in accounting and finance at Lancaster University (UK). Since September 1st, 2018 he has been a professor for international accounting at the Department of Finance, Accounting and Statistics, WU Vienna.
His research focuses on the economic consequences of changes in accounting and banking regulations, such as the introduction of new International Financial Reporting Standards (IFRS) or Basel III. He is particularly interested in the role of accounting for the investment and risk taking behaviour of banks. Furthermore, he investigates the economic drivers for increased transparency in the financial reporting of central banks. His work has been published in leading accounting journals, including the Journal of Accounting and Economics, Review of Accounting Studies, European Accounting Review and Journal of Business Finance & Accounting.
Accounting and regulation of banks
Empirical Accounting Research
Are Level 3 fair value remeasurements useful? Evidence from ASC 820 rollforward disclosures (2021), with Peter Fiechter and Annelies Renders, The Accounting Review (forthcoming)
IFRS, Firm-Level Reporting Incentives, and Financial Reporting Quality: Evidence from Private Firms (2018), with Moritz Bassemir, Journal of Business Finance & Accounting, Vol. 45, Nos. 7-8, 759-796
The Impact of the Institutional Environment on the Value Relevance of Fair Values (2017), with Peter Fiechter, Review of Accounting Studies, Vol. 22, No. 1, 392-429
The Economic Consequences of Extending the Use of Fair Value Accounting in Regulatory Capital Calculations (2016), with Justin Chircop, Journal of Accounting and Economics, Vol. 62, Nos. 2-3, 183-203 (Special Conference Issue) - Presented at the 2015 Journal of Accounting and Economics Conference
The Effect of Conference Calls on Analysts’ Forecasts – German Evidence (2013), with Moritz Bassemir and Julian Pachta, European Accounting Review, Vol. 22, No. 1, 151-183
Mandatory IFRS Adoption and Accounting Quality of European Banks (2011), with Günther Gebhardt, Journal of Business Finance & Accounting, Vol. 38, Nos. 3-4, 289-333
After previous agreement by email.