Massimiliano Bonacchi

Massimiliano Bonacchi

Joined Stern 2012

Leonard N. Stern School of Business
Kaufman Management Center
44 West Fourth Street, 10-97
New York, NY 10012



Massimiliano Bonacchi joined New York University Stern School of Business in 2012 as visiting professor of accounting.

Professor Bonacchi is a full professor of accounting at the Faculty of Economics and Management, University of Bolzano (UNIBZ). At UNIBZ he is Director of the MSc in Accounting and Finance. Prior to joining FUB, Professor Bonacchi served on the faculty at the University of Naples Parthenope as associate professor and at the University of Florence as a researcher. He was visiting professor at CUNY Baruch College from 2009 to 2012.

Professor Bonacchi’s primary research interests include financial reporting and disclosure, financial statement analysis, managerial accounting, performance measurement and sustainability accounting. He has published in various international peer-reviewed journals, including Review of Accounting Studies, Contemporary Accounting Review, Business Strategy and the Environment, Management Accounting Quarterly, Strategic Change and Studies in Managerial and Financial Accounting.

Professor Bonacchi received his Diploma in Business Administration and his PhD in Managerial Accounting from the University of Florence. He is a CPA and certified auditor.

Research Interests

  • Customer Equity
  • Earnings Management
  • Financial Statement Analysis
  • Managerial Accounting
  • Sustainability Accounting

Courses Taught

  • Financial Accounting and Reporting
  • Financial Statement Analysis
  • Measuring, Disclosing and Driving Sustainability
  • Principles of Managerial Accounting

Academic Background

Ph.D, Accounting, 2002
University of Florence

Diploma, Business Administration, 1997
University of Florence

Selected Publications

Bonacchi, M. and Marra, A. and Zarowin, P. (2019)
Organizational Structure and Earnings Quality of Private and Public Firms
Review of Accounting Studies, forthcoming.

Bonacchi, M., and Perego, P. (2019)
Customer Accounting. Creating Value with Customer Analytics
(Springerbriefs in Accounting): Springer International Publishing.

Bonacchi, M., Cipollini, F., and Zarowin, P. (2018)
Parents’ Use of Subsidiaries to “Push Down” Earnings Management: Evidence from Italy
Contemporary Accounting Research, 35(3), 1332-1362.

Bonacchi, M, Kolev, K., and Lev, B. (2015)
Customer Franchise — A Hidden, Yet Crucial Asset.
Contemporary Accounting Research, 32(3), 1024-1049.

Bonacchi, M., Perego, P., and Ravagli, R. (2012)
The Evolution of Corporate Social Responsibility in Gucci: From Risk Management to Stakeholder Engagement
In P. Kotler, A. Lindgreen, F. Maon & J. Vanhamme (Eds.), A Stakeholder Approach to Corporate Social

Bonacchi, M., and Perego, P. (2011)
Improving Profitability with Customer-centric Strategies: The Case of a Mobile Content Provider
Strategic Change 20 (7-8): 253-267