
Michael Power
Professor · Accounting
London School of Economics and Political Science (LSE)About
Professor Michael Power is a distinguished academic in the Department of Accounting at the London School of Economics and Political Science (LSE), where he has worked since 1987. He holds a Professorial title and specializes in accounting, risk management, auditing, and organizational theory. His research explores the intersections of regulation, accountability, and organizational processes, with notable works including *The Audit Society* (1997) and *Riskwork* (2016).
Power is an Honorary Fellow of the Institute of Chartered Accountants and the Institute of Risk Management. He has held roles in corporate governance, including board memberships at St James’s Place plc and RIT Capital Partners, and directed the Centre for Analysis of Risk and Regulation at LSE until 2014. His academic contributions span over three decades, with honorary doctorates from Universities of St Gallen, Uppsala, and Turku.
His research interests focus on auditability, transparency, and the role of auditing in corporate governance. Recent work emphasizes risk culture, organizational responses to risk, and the evolving dynamics of financial regulation. Power’s publications address topics like the microfoundations of audit societies, risk management in financial institutions, and the societal impacts of accountability systems.
- Education: St Edmund Hall, Oxford; Girton College, Cambridge.
- Awards: Fellow of the British Academy, Honorary Doctorates, and academic fellowships.
- Labs/Teams: Former Director of LSE’s Centre for Analysis of Risk and Regulation.
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