About
Bio
Mike Power is Professor of Accounting at the London School of Economics and a Fellow of the British Academy. Educated at St Edmund Hall, Oxford and at Girton College Cambridge, he is also a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW); and an Honorary Fellow of the Institute of Risk Management.
Mike served as an independent director on several boards in the financial services industry, and has chaired risk, audit and valuation committees. He is also a former member of the advisory board of the Financial Reporting Council Financial Reporting Lab, and was Director of the Centre for Analysis of Risk and Regulation at LSE until April 2014. His research and teaching focus on regulation, accounting, auditing, internal control, risk management and organisation theory.
Major works include: The Audit Society: Rituals of Verification (Oxford 1997); and Organized Uncertainty: Designing a World of Risk Management (Oxford 2007); and Economy of Traces: Traceability, Tracking and the Accounts we Live by (OUP, 2026). In recognition of hi research, Mike has been awarded honorary doctorates from the Universities of St Gallen, Switzerland, Uppsala, Sweden and Turku, Finland.
Research interests
- Values and valuation processes in organizations
- The causes and social consequences of auditability, transparency and accountability
- The role of external and internal auditing in corporate governance
- Internal control systems, operational risk management, errors and risk reporting
- Financial regulation and financial reporting
- Organizations, regulation and standardization
Teaching
- AC424 - Accounting, Organizations and Institutions
- AC470 - Accounting in the Global Economy
- AC494 - Dissertation in Accounting, Organisations and Institutions
- AC500 - Accounting, Topics in Accounting Research (AOI)