Laurence van Lent
Professor of Accounting and Economics • Professor
Professor of Accounting and Economics
Laurence van Lent is a Professor of Accounting and Economics at the Frankfurt School of Finance and Management. Before joining the Frankfurt School, he was affiliated with Tilburg University from 1993-2017, most recently as the Chair of Empirical Research in Accounting.
Professor Van Lent's research is published in a variety of journals and has won the David Solomons Prize awarded by the journal Management Accounting Research. His current research interests include (1) the political economy of accounting and finance and (2) the organizational design and performance management.
Laurence van Lent has extensive editorial experience. He has received distinctions for his work as a reviewer, winning Outstanding Reviewer Awards from Journal of Accounting Research, Contemporary Accounting Research and BuR Business Research. He served as the Editor-in-Chief of European Accounting Review, the journal of the European Accounting Association from 2011-2015. He held positions on the Editorial Board of Contemporary Accounting Research, European Accounting Review, and BuR Business Research and was Joint Guest Editor of a special issue of European Accounting Review on Conservatism in Accounting. Between 2017 and 2020, he assumes responsibility as an Editor of The Accounting Review, the flagship journal of the American Accounting Association. He also serves as an Editorial Board member of the Journal of Accounting Research.
Van Lent is a member of the Advisory Board of CARE (the Center for Accounting Research and Education) at the University of Notre Dame and of the Advisory Council of the Center for Financial Reporting and Auditing at the ESMT in Berlin.
Professor Van Lent has a strong interest in the education of Ph.D. students. He was the founding chair of the Tilburg Ph.D. program in Accounting and his students have been placed in prestigious institutions such as The University of Chicago, USC, London Business School, Melbourne, Nanyang Technological University, and Universität Mannheim. As faculty in residence of the EAA Doctoral Consortium and as organizer or faculty of numerous Ph.D. workshops and (EU sponsored) training networks (e.g., INTACCT, FIRRE, SPAR), he demonstrates his continued commitment to improve graduate education in Europe. He is an Editor for the newly established EAA PhD Advisory College, which is an initiative by the European Accounting Association to help early stage Ph.D. students with their research.
Laurence van Lent holds a Master's degree in Economics from the Radboud University Nijmegen (cum laude) and a Ph.D. in Economics from Tilburg University (1999). He was a visiting scholar at the William E. Simon Graduate School of Business Administration at the University of Rochester (1996-1998) and a visiting professor at the University of Melbourne (2004) and at the LMU Center for Advanced Management Studies in Munich (2014). In 2011, he was a visiting fellow of the Initiative on Global Markets at the University of Chicago's Booth School of Business.
Professor Van Lent's research is published in a variety of journals and has won the David Solomons Prize awarded by the journal Management Accounting Research. His current research interests include (1) the political economy of accounting and finance and (2) the organizational design and performance management.
Laurence van Lent has extensive editorial experience. He has received distinctions for his work as a reviewer, winning Outstanding Reviewer Awards from Journal of Accounting Research, Contemporary Accounting Research and BuR Business Research. He served as the Editor-in-Chief of European Accounting Review, the journal of the European Accounting Association from 2011-2015. He held positions on the Editorial Board of Contemporary Accounting Research, European Accounting Review, and BuR Business Research and was Joint Guest Editor of a special issue of European Accounting Review on Conservatism in Accounting. Between 2017 and 2020, he assumes responsibility as an Editor of The Accounting Review, the flagship journal of the American Accounting Association. He also serves as an Editorial Board member of the Journal of Accounting Research.
Van Lent is a member of the Advisory Board of CARE (the Center for Accounting Research and Education) at the University of Notre Dame and of the Advisory Council of the Center for Financial Reporting and Auditing at the ESMT in Berlin.
Professor Van Lent has a strong interest in the education of Ph.D. students. He was the founding chair of the Tilburg Ph.D. program in Accounting and his students have been placed in prestigious institutions such as The University of Chicago, USC, London Business School, Melbourne, Nanyang Technological University, and Universität Mannheim. As faculty in residence of the EAA Doctoral Consortium and as organizer or faculty of numerous Ph.D. workshops and (EU sponsored) training networks (e.g., INTACCT, FIRRE, SPAR), he demonstrates his continued commitment to improve graduate education in Europe. He is an Editor for the newly established EAA PhD Advisory College, which is an initiative by the European Accounting Association to help early stage Ph.D. students with their research.
Laurence van Lent holds a Master's degree in Economics from the Radboud University Nijmegen (cum laude) and a Ph.D. in Economics from Tilburg University (1999). He was a visiting scholar at the William E. Simon Graduate School of Business Administration at the University of Rochester (1996-1998) and a visiting professor at the University of Melbourne (2004) and at the LMU Center for Advanced Management Studies in Munich (2014). In 2011, he was a visiting fellow of the Initiative on Global Markets at the University of Chicago's Booth School of Business.
- Accounting department
- Professor
- Faculty
PUBLICATIONS
Hassan, T., Hollander, S., Kalyani, A., Lent, L., Schwedeler, M., Tahoun, A., 2025. Text as Data in Economic Analysis, Journal of Economic Perspectives Vol. 39(3), pp. 193-220.
Gad, M., Nikolaev, V., Tahoun, A., Lent, L., 2024. Firm-Level Political Risk and Credit Markets, Journal of Accounting and Economics Vol. 77(2-3, 101642).
Hassan, T., Hollander, S., Lent, L., Tahoun, A., 2024. The Global Impact of Brexit Uncertainty, Journal of Finance Vol. 79(1), pp. 413-458.
Abernethy, M., Bouwens, J., Hofmann, C., Lent, L., 2023. Altruism, social norms, and incentive contract design, Review of Accounting Studies Vol. 28(2), pp. 570-614.
Hassan, T., Hollander, S., Lent, L., Schwedeler, M., Tahoun, A., 2023. Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1, Review of Financial Studies Vol. 36(12), pp. 4919-4964.
Sautner, Z., Lent, L., Vilkov, G., Zhang, R., 2023. Firm-level Climate Change Exposure, Journal of Finance Vol. 78(3), pp. 1449-1498.
Bae, J., Hung, C., Lent, L., 2023. Mobilizing Text As Data, European Accounting Review Vol. 32(5), pp. 1085-1106.
Lent, L., Sautner, Z., Vilkov, G., Zhang, R., 2023. Pricing Climate Change Exposure, Management Science Vol. 69(12), pp. 7540-7561.
Hung, C., Abernethy, M., Hofmann, C., Lent, L., 2022. Benefits of independent agents' entrepreneurship: evidence from the loan market, Journal of Management Accounting Research Vol. 34(3), pp. 141-160.
Abernethy, M., Hung, C., Lent, L., 2020. Expertise and discretionary bonus decisions, Management Science Vol. 66(1), pp. 415-432.
Hassan, T., Hollander, S., Lent, L., Tahoun, A., 2019. Firm-level political risk: measurement and effects, The Quarterly Journal of Economics Vol. 134(4), pp. 2135-2202.
Tahoun, A., Lent, L., 2019. The Personal Wealth Interests of Politicians and Government Intervention in the Economy, Review of Finance Vol. 23(1), pp. 37-74.
Bouwens, J., Hofmann, C., Lent, L., 2018. Performance measures and intra-firm spillovers: theory and evidence, Journal of Management Accounting Research Vol. 30(3), pp. 117-144.
Jia, Y., van Lent, L., Zeng, Y., 2014. Masculinity, testosterone, and financial misreporting, Journal of Accounting Research Vol. 52(5), pp. 1195-1246.
Abernethy, M., Bouwens, J., van Lent, L., 2013. The role of performance measures in the intertemporal decisions of business unit managers, Contemporary Accounting Research Vol. 30(3), pp. 925-961.
van Lent, L., 2012. Discussion of the Influence of Elections on the Accounting Choices of Governmental Entities, Journal of Accounting Research Vol. 50(2), pp. 477-494.
Abernethy, M., Bouwens, J., van Lent, L., 2010. Leadership and Control System Design, Management Accounting Research Vol. 21(1), pp. 2-16.
Bouwens, J., van Lent, L., 2007. Assessing the Performance of Business Unit Managers, Journal of Accounting Research Vol. 45(4), pp. 667-697.
van Lent, L., 2007. Endogeneity in Management Accounting Research: a Comment, European Accounting Review Vol. 16(1), pp. 197-205.
Ohlson, J., van Lent, L., 2006. Introduction to the Special Issue on "Conservatism in accounting", European Accounting Review Vol. 15(4), pp. 507-509.
Bouwens, J., van Lent, L., 2006. Performance Measure Properties and the Effect of Incentive Contracts, Journal of Management Accounting Research Vol. 18(1), pp. 55-75.
Nikolaev, V., van Lent, L., 2005. The Endogeneity Bias in the Relation Between Cost-of-Debt Capital and Corporate Disclosure Policy, European Accounting Review Vol. 14(4), pp. 677-724.
Abernethy, M., Bouwens, J., van Lent, L., 2004. Determinants of Control System Design in Divisionalized Firms, The Accounting Review Vol. 79(3), pp. 545-570.
Bouwens, J., van Lent, L., 2001. EVA komt naar de werkvloer, maar niet voor altijd (EVA comes to the shopfloor, but only for now), Bedrijfskunde Jg. 73(2), pp. 59-69.
Bouwens, J., van Lent, L., 2001. Het oxymoron van de objectieve prestatiemeting: over de paradox in Economic Value Added (The oxymoron of objective performance measurement: about the paradox in Economic Value Added), Tijdschrift voor Corporate Finance Vol. 6(2), pp. 33-43.
van Lent, L., 2000. De relatie tussen boekwaarde en marktwaarde: een toepassing van de liquidatieoptiehypothese (The relation between book value and market value: an application of the liquidation option hypothesis), Tijdschrift voor Corporate Finance Vol. 5(1), pp. 43-50.
van Lent, L., 1999. The Economics of an Audit Firm: the Benefits of Partnership Governance, British Accounting Review Vol. 31(2), pp. 225-254.
van Lent, L., 1998. Het wetgevingsproces in de externe berichtgeving door gemengde financiele concerns (The legislative process in financial reporting by financial conglomerates), Maandblad voor Accountancy en Bedrijfseconomie Jg. 72(5), pp. 268-281.
van Lent, L., 1997. Pressure and Politics in Financial Accounting Regulation: the Case of the Financial Conglomerates in the Netherlands, Abacus (1) pp. 88-114.
van Lent, L., Eken, R., 1996. Qualitate Qua: aansprakelijkheid en de accountant (Qualitate qua: legal liability and the auditor), Maandblad voor Accountancy en Bedrijfseconomie Jg. 70(3), pp. 81-90.
van Lent, L., 1995. De winst is absoluut belangrijk! (Profit is absolutely important!), Maandblad voor Accountancy en Bedrijfseconomie Jg. 69(1-2), pp. 61-71.
Gad, M., Nikolaev, V., Tahoun, A., Lent, L., 2024. Firm-Level Political Risk and Credit Markets, Journal of Accounting and Economics Vol. 77(2-3, 101642).
Hassan, T., Hollander, S., Lent, L., Tahoun, A., 2024. The Global Impact of Brexit Uncertainty, Journal of Finance Vol. 79(1), pp. 413-458.
Abernethy, M., Bouwens, J., Hofmann, C., Lent, L., 2023. Altruism, social norms, and incentive contract design, Review of Accounting Studies Vol. 28(2), pp. 570-614.
Hassan, T., Hollander, S., Lent, L., Schwedeler, M., Tahoun, A., 2023. Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1, Review of Financial Studies Vol. 36(12), pp. 4919-4964.
Sautner, Z., Lent, L., Vilkov, G., Zhang, R., 2023. Firm-level Climate Change Exposure, Journal of Finance Vol. 78(3), pp. 1449-1498.
Bae, J., Hung, C., Lent, L., 2023. Mobilizing Text As Data, European Accounting Review Vol. 32(5), pp. 1085-1106.
Lent, L., Sautner, Z., Vilkov, G., Zhang, R., 2023. Pricing Climate Change Exposure, Management Science Vol. 69(12), pp. 7540-7561.
Hung, C., Abernethy, M., Hofmann, C., Lent, L., 2022. Benefits of independent agents' entrepreneurship: evidence from the loan market, Journal of Management Accounting Research Vol. 34(3), pp. 141-160.
Abernethy, M., Hung, C., Lent, L., 2020. Expertise and discretionary bonus decisions, Management Science Vol. 66(1), pp. 415-432.
Hassan, T., Hollander, S., Lent, L., Tahoun, A., 2019. Firm-level political risk: measurement and effects, The Quarterly Journal of Economics Vol. 134(4), pp. 2135-2202.
Tahoun, A., Lent, L., 2019. The Personal Wealth Interests of Politicians and Government Intervention in the Economy, Review of Finance Vol. 23(1), pp. 37-74.
Bouwens, J., Hofmann, C., Lent, L., 2018. Performance measures and intra-firm spillovers: theory and evidence, Journal of Management Accounting Research Vol. 30(3), pp. 117-144.
Jia, Y., van Lent, L., Zeng, Y., 2014. Masculinity, testosterone, and financial misreporting, Journal of Accounting Research Vol. 52(5), pp. 1195-1246.
Abernethy, M., Bouwens, J., van Lent, L., 2013. The role of performance measures in the intertemporal decisions of business unit managers, Contemporary Accounting Research Vol. 30(3), pp. 925-961.
van Lent, L., 2012. Discussion of the Influence of Elections on the Accounting Choices of Governmental Entities, Journal of Accounting Research Vol. 50(2), pp. 477-494.
Abernethy, M., Bouwens, J., van Lent, L., 2010. Leadership and Control System Design, Management Accounting Research Vol. 21(1), pp. 2-16.
Bouwens, J., van Lent, L., 2007. Assessing the Performance of Business Unit Managers, Journal of Accounting Research Vol. 45(4), pp. 667-697.
van Lent, L., 2007. Endogeneity in Management Accounting Research: a Comment, European Accounting Review Vol. 16(1), pp. 197-205.
Ohlson, J., van Lent, L., 2006. Introduction to the Special Issue on "Conservatism in accounting", European Accounting Review Vol. 15(4), pp. 507-509.
Bouwens, J., van Lent, L., 2006. Performance Measure Properties and the Effect of Incentive Contracts, Journal of Management Accounting Research Vol. 18(1), pp. 55-75.
Nikolaev, V., van Lent, L., 2005. The Endogeneity Bias in the Relation Between Cost-of-Debt Capital and Corporate Disclosure Policy, European Accounting Review Vol. 14(4), pp. 677-724.
Abernethy, M., Bouwens, J., van Lent, L., 2004. Determinants of Control System Design in Divisionalized Firms, The Accounting Review Vol. 79(3), pp. 545-570.
Bouwens, J., van Lent, L., 2001. EVA komt naar de werkvloer, maar niet voor altijd (EVA comes to the shopfloor, but only for now), Bedrijfskunde Jg. 73(2), pp. 59-69.
Bouwens, J., van Lent, L., 2001. Het oxymoron van de objectieve prestatiemeting: over de paradox in Economic Value Added (The oxymoron of objective performance measurement: about the paradox in Economic Value Added), Tijdschrift voor Corporate Finance Vol. 6(2), pp. 33-43.
van Lent, L., 2000. De relatie tussen boekwaarde en marktwaarde: een toepassing van de liquidatieoptiehypothese (The relation between book value and market value: an application of the liquidation option hypothesis), Tijdschrift voor Corporate Finance Vol. 5(1), pp. 43-50.
van Lent, L., 1999. The Economics of an Audit Firm: the Benefits of Partnership Governance, British Accounting Review Vol. 31(2), pp. 225-254.
van Lent, L., 1998. Het wetgevingsproces in de externe berichtgeving door gemengde financiele concerns (The legislative process in financial reporting by financial conglomerates), Maandblad voor Accountancy en Bedrijfseconomie Jg. 72(5), pp. 268-281.
van Lent, L., 1997. Pressure and Politics in Financial Accounting Regulation: the Case of the Financial Conglomerates in the Netherlands, Abacus (1) pp. 88-114.
van Lent, L., Eken, R., 1996. Qualitate Qua: aansprakelijkheid en de accountant (Qualitate qua: legal liability and the auditor), Maandblad voor Accountancy en Bedrijfseconomie Jg. 70(3), pp. 81-90.
van Lent, L., 1995. De winst is absoluut belangrijk! (Profit is absolutely important!), Maandblad voor Accountancy en Bedrijfseconomie Jg. 69(1-2), pp. 61-71.
van Veen-Dirks, P., van Lent, L., 1997, Control of the information systems function: the role of cost allocation, in: Proceedings of the Fourth European Conference on Evaluation of Information Technology, Delft: Delft Univ. Press, pp. 75-84.
Bouwens, J., van Lent, L., 2004. Prestatiemanagement voor organisaties in balans, Deventer: Kluwer.
Bouwens, J., van Lent, L., 2003. Met EVA gemeten: prestatiebeloning en-beoordeling door Economic Value Added, Deventer: Kluwer.
van Lent, L., 1999. Incomplete contracting theory in Empirical Accounting Research, Diss., Tilburg, Tilburg University.
Bouwens, J., van Lent, L., 2003. Met EVA gemeten: prestatiebeloning en-beoordeling door Economic Value Added, Deventer: Kluwer.
van Lent, L., 1999. Incomplete contracting theory in Empirical Accounting Research, Diss., Tilburg, Tilburg University.
Hofmann, C., Lent, L., 2017, Organizational Design and Control Choices, in: Michael A. Hitt, Susan E. Jackson, Salvador Carmona, Leonard Bierman, Christina E. Shalley, Mike Wright (eds): The Oxford Handbook of Strategy Implementation, New York: Oxford Univ. Press, pp. 451-480.
van Lent, L., 2004, Financiële analyse voor de ondernemingswaardering (Financial analysis for business valuation), in: Externe verslaggeving: in theorie en praktijk, Bd. 1, 4. Aufl., Den Haag: Reed Business Information, pp. 295-335.
van Lent, L., 1998, Summary of monitoring corporate governance in the Netherlands, in: Monitoring Corporate Governance in Nederland, Deventer: Kluwer, pp. 370-371.
van Lent, L., 1998, The value relevance of book values and earnings: some empirical evidence from the Netherlands, in: Reflecties op Bak : liber amicorum aangeboden bij het emeritaat van Prof.drs. G.G.M. Bak RA, Tilburg: Tilburg Univ. Press, pp. 173-187.
van Lent, L., 1996, Accounting met het oog op de toekomst: de controller als chargemaster (Accounting with a view to the future: the controller as "change master"), in: Leiderschap bij Grote Veranderingen, Tilburg: Tilburg Univ. Press, pp. 85-102.
van Lent, L., 2004, Financiële analyse voor de ondernemingswaardering (Financial analysis for business valuation), in: Externe verslaggeving: in theorie en praktijk, Bd. 1, 4. Aufl., Den Haag: Reed Business Information, pp. 295-335.
van Lent, L., 1998, Summary of monitoring corporate governance in the Netherlands, in: Monitoring Corporate Governance in Nederland, Deventer: Kluwer, pp. 370-371.
van Lent, L., 1998, The value relevance of book values and earnings: some empirical evidence from the Netherlands, in: Reflecties op Bak : liber amicorum aangeboden bij het emeritaat van Prof.drs. G.G.M. Bak RA, Tilburg: Tilburg Univ. Press, pp. 173-187.
van Lent, L., 1996, Accounting met het oog op de toekomst: de controller als chargemaster (Accounting with a view to the future: the controller as "change master"), in: Leiderschap bij Grote Veranderingen, Tilburg: Tilburg Univ. Press, pp. 85-102.
van Lent, L., 2004. Pro: Reële waarde (Pro: fair value accounting), Controllers Magazine Jg. 18(5/6), p. 29.
van Lent, L., 2001. Scorekeeping: beter minder dan meer (Scorekeeping: rather less than more), Controllers Magazine Jg. 15(5), pp. 40-45.
Bouwens, J., van Lent, L., 2000. Verdeel en heers: hoe EVA met synergie omgaat (Divide and conquer: how EVA deals with synergy), Controllers Magazine Jg. 14(3), pp. 24-32.
van Lent, L., 1998. Het falen van ABC: het apociefe sprookje van een accounting innovatie (The failure of ABC: the apocyphal story of an accounting innovation), Controllers Magazine Jg. 12(5), pp. 74-81.
van Lent, L., 1998. Het jaarverslag als beleidsdocument: de disciplinerende werking van US GAAP op Daimler Benz AG (The annual report as a strategic instrument: how US GAAP disciplined Daimler Benz AG), Controllers Magazine Jg. 12(2), pp. 11-18.
van Lent, L., 2001. Scorekeeping: beter minder dan meer (Scorekeeping: rather less than more), Controllers Magazine Jg. 15(5), pp. 40-45.
Bouwens, J., van Lent, L., 2000. Verdeel en heers: hoe EVA met synergie omgaat (Divide and conquer: how EVA deals with synergy), Controllers Magazine Jg. 14(3), pp. 24-32.
van Lent, L., 1998. Het falen van ABC: het apociefe sprookje van een accounting innovatie (The failure of ABC: the apocyphal story of an accounting innovation), Controllers Magazine Jg. 12(5), pp. 74-81.
van Lent, L., 1998. Het jaarverslag als beleidsdocument: de disciplinerende werking van US GAAP op Daimler Benz AG (The annual report as a strategic instrument: how US GAAP disciplined Daimler Benz AG), Controllers Magazine Jg. 12(2), pp. 11-18.
Hassan, T., Hollander, S., Lent, L., Tahoun, A., 2017. Aggregate and idiosyncratic political risk: measurement and effects, New York: Social Science Research Network.
Cai, W., Hu, F., Lent, L., Pan, J., Zeng, C., 2016. Does being an only child matter for entrepreneurship and innovation?.
Cai, W., Hu, F., Lent, L., Pan, J., Zeng, C., 2016. Does being an only child matter for entrepreneurship and innovation?.

OFFICE HOURS
During the lecture period
By appointment available upon request via email.
Room
E4.82
OFFICE HOURS
During the lecture period
By appointment available upon request via email.
Room
E4.82