Prof. Dr. Gunther Friedl


Management Accounting

Academic Career and Research Areas

Gunther Friedl is Professor of Business Administration at the Technical University of Munich, where he holds the Chair of Management Accounting and is Dean of the TUM School of Management. His research interests span the fields of corporate governance and executive remuneration, performance measurement, company valuation and patent evaluation. He studied physics at TUM and business management at the Ludwig Maximilian University of Munich (LMU). He completed his doctoral studies at the LMU in 2000 and obtained his postdoctoral teaching qualification in 2004. He then moved to Johannes Gutenberg University Mainz, where he was Professor of Business Administration and held the Chair of Management Accounting until 2007. Research and teaching assignments have taken him to Stanford University and the Warsaw School of Economics.

Gunther Friedl has authored and co-authored several books on cost accounting and management accounting. His research has been published in the European Journal of Operation Research, OR Spectrum, Research Policy and the Schmalenbach Business Review, among others. He has been awarded numerous prizes for his work, including the Best Textbook Award presented by the German Academic Association for Business Research (VHB) and a number of Best Teaching Awards. His studies on the topic of executive remuneration are regularly profiled in Handelsblatt, the Financial Times, the Frankfurter Allgemeine Zeitung, The Huffington Post and the German broadcasters ARD and ZDF.


  • TUM School of Management Best Teaching Award, TUM (2017)
  • TUM Prize for Excellence in Teaching (2013)
  • Professor of the Year 2012, awarded by the magazine UNICUM Beruf with the support of KPMG (2012)
  • Best Teaching Award of the Executive MBA Class of 2012, TUM School of Management (2012)
  • Best Textbook Award of the German Academic Association for Business Research (2011)

Friedl, Gunther; Pedell, Burkhard: “Controlling mit SAP” 8. ed.Vieweg, Wiesbaden. 2020; ed.2017.


Beck, Daniel; Friedl, Gunther; Schäfer, Peter: “Executive compensation in Germany”. Journal of Business Economics. 2020; 90 (5-6): 787-824.


Friedl G, Pedell B: Controlling mit SAP. 7. Auflage, Wiesbaden: Springer, 2017.


Friedl G, Hofmann C, Pedell B: Kostenrechnung. Eine entscheidungsorientierte Einführung. 3. Auflage, München: Verlag Vahlen, 2017.


Küpper HU, Friedl G, Hofmann C, Hofmann Y, Pedell B: Controlling: Konzeption, Aufgaben, Instrumente. 6. Auflage, Stuttgart: Schäffer-Poeschel, 2013.