Dr Facundo Mercado
BSc, MSc, PhD
Expertise
I research financial reporting and corporate disclosures, examining how accounting information influences firms and capital markets. My work explores earnings management, accounting quality, conservatism, and misreporting.
Current positions
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Research interests
Facundo Mercado’s research focuses on financial reporting and corporate disclosures, examining how accounting information affects firms and capital markets. His work explores earnings management, accounting quality, conditional conservatism, and forecasting misreporting.
He has published in leading journals such as the Journal of Business Finance and Accounting and the European Accounting Review. His research includes studies on quarterly earnings guidance and real earnings management, the role of accounting quality in mitigating mutual fund fire-sale undervaluation, and the confirmatory role of conditional conservatism in voluntary disclosures. Additionally, he has examined the relationship between conditional conservatism and corporate innovation, as well as methods for addressing endogeneities in measuring conservatism. His recent work focuses on forecasting misreporting using statistical patterns in financial statements.
Publications
Recent publications
22/06/2023Quarterly earnings guidance and real earnings management
Journal of Business Finance and Accounting
The Role of Accounting Quality during Mutual Fund Fire Sales
European Accounting Review
Teaching
Facundo currently teaches Quantitative Methods in the MSc Accounting and Finance program Dissertation unit at the University of Bristol.
Beyond formal coursework, he has supervised undergraduate, master’s, and PhD dissertations, guiding students through research projects on various accounting topics. He has also played a role in mentoring Ph.D. student development, providing guidance on both research and professional development. offering support in refining research ideas, developing methodologies, and improving academic writing. Additionally, he has contributed to Ph.D. training by organizing reading groups, where students discussed their working papers and received constructive feedback from peers and faculty.
