
Richard Macve
Professor · Accounting History
London School of Economics and Political Science (LSE)About
Richard Macve is a Professor of Accounting at the London School of Economics and Political Science (LSE), Department of Accounting and Finance. He holds honorary positions, including Honorary Research Fellow at the University of International Business and Economics (UIBE), Beijing, and Honorary Professor at Zhongnan University of Economics and Law, Wuhan. His research focuses on accounting history, particularly the historical development of accounting in China, the UK, and the US, as well as conceptual frameworks for financial reporting, insurance accounting, and environmental accounting. His work often explores cross-cultural comparisons and the evolution of accounting practices.
Key research areas include the historical genesis of modern business strategy, the role of accounting in economic institutions, and the auditing profession in China. Macve has collaborated extensively on projects analyzing archival materials from Chinese businesses, challenging prevailing narratives about the indigenous development of accounting systems in China. His contributions to debates on fair value measurement and revenue recognition standards have influenced international accounting discourse.
His awards include Fellowships from the Institute of Chartered Accountants in England and Wales (ICAEW) and the Institute of Actuaries. Macve’s work bridges historical scholarship and contemporary accounting challenges, emphasizing the interplay between accounting practices and broader socio-economic contexts.
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