IDEAS home Printed from https://ideas.repec.org/a/sae/ausman/v40y2015i3p538-556.html
   My bibliography  Save this article

Masters of the Universe1: What top finance academics say about the ‘state of the field’

Author

Listed:
  • Jennifer Gippel

Abstract

Through the lens of systems theory, this paper examines contemporary research practices in the academic field of finance. The aim is to establish a benchmark for the ‘state of the field’ in the early 21st century in order to stimulate thinking and challenge the field to open debate about current research practices: what they are, what maintains them, and how they might evolve.

Suggested Citation

  • Jennifer Gippel, 2015. "Masters of the Universe1: What top finance academics say about the ‘state of the field’," Australian Journal of Management, Australian School of Business, vol. 40(3), pages 538-556, August.
    • Handle: RePEc:sae:ausman:v:40:y:2015:i:3:p:538-556
    DOI: 10.1177/0312896215584450
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0312896215584450
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0312896215584450?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Davis, John B., 2006. "The turn in economics: neoclassical dominance to mainstream pluralism?," Journal of Institutional Economics, Cambridge University Press, vol. 2(1), pages 1-20, April.
    2. Frankfurter, George M. & McGoun, Elton G., 2002. "Resistance is futile: the assimilation of behavioral finance," Journal of Economic Behavior & Organization, Elsevier, vol. 48(4), pages 375-389, August.
    3. Kashyap, Anil K. & Zingales, Luigi, 2010. "The 2007-8 financial crisis: Lessons from corporate finance," Journal of Financial Economics, Elsevier, vol. 97(3), pages 303-305, September.
    4. Frankfurter, George M. & McGoun, Elton G., 1999. "Ideology and the theory of financial economics," Journal of Economic Behavior & Organization, Elsevier, vol. 39(2), pages 159-177, June.
    5. Jensen, Michael C. & Fama, Eugene F. & Long, John Jr. & Ruback, Richard S. & Schwert, G. William & Smith, Clifford Jr. & Warner, Jerold, 1989. "Clinical papers and their role in the development of financial economics," Journal of Financial Economics, Elsevier, vol. 24(1), pages 3-6, September.
    6. John B. Davis, 2008. "The turn in recent economics and return of orthodoxy," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 32(3), pages 349-366, May.
    7. McGoun, Elton G., 2003. "Finance models as metaphors," International Review of Financial Analysis, Elsevier, vol. 12(4), pages 421-433.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brooks, Chris & Fenton, Evelyn & Schopohl, Lisa & Walker, James, 2019. "Why does research in finance have so little impact?," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 58(C), pages 24-52.
    2. Leonel Prieto, 2018. "Leadership Multiplicities before and during the Post-Truth Era," Administrative Sciences, MDPI, vol. 9(1), pages 1-23, December.
    3. Linnenluecke, Martina K. & Chen, Xiaoyan & Ling, Xin & Smith, Tom & Zhu, Yushu, 2017. "Research in finance: A review of influential publications and a research agenda," Pacific-Basin Finance Journal, Elsevier, vol. 43(C), pages 188-199.
    4. Adam Butt & M. Scott Donald & F. Douglas Foster & Susan Thorp & Geoffrey J. Warren & Tom Smith, 2017. "Design of MySuper default funds: influences and outcomes," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 57(1), pages 47-85, March.
    5. David Rimbo & Rocky Nagoya & Ikin Solihin & Jorge Mongay, 2017. "Perceptions of Consumers in the Airline Industry Using a Qualitative Data Analysis Methodology: An Applied Research under an International Orientation," International Business Research, Canadian Center of Science and Education, vol. 10(5), pages 22-28, May.
    6. Linnenluecke, Martina K. & Chen, Xiaoyan & Ling, Xin & Smith, Tom & Zhu, Yushu, 2016. "Emerging trends in Asia-Pacific finance research: A review of recent influential publications and a research agenda," Pacific-Basin Finance Journal, Elsevier, vol. 36(C), pages 66-76.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jennifer K Gippel, 2013. "A revolution in finance?," Australian Journal of Management, Australian School of Business, vol. 38(1), pages 125-146, April.
    2. Gérard Charreaux, 2008. "La recherche en finance d’entreprise:quel positionnement méthodologique ?," Revue Finance Contrôle Stratégie, revues.org, vol. 11(Special), pages 237-290, June.
    3. Mario A. Cedrini & Roberto Marchionatti, 2017. "On the Theoretical and Practical Relevance of the Concept of Gift to the Development of a Non-imperialist Economics," Review of Radical Political Economics, Union for Radical Political Economics, vol. 49(4), pages 633-649, December.
    4. Pessali, Huascar & Berger, Bruno, 2010. "A teoria da perspectiva e as mudanças de preferência no mainstream: um prospecto lakatoseano [Prospect theory and preference change in the mainstream of economics: a Lakatosian prospect]," MPRA Paper 26104, University Library of Munich, Germany.
    5. S M Amadae, 2020. "Life without Virtue: Economists Rule. Review essay of Dani Rodrik’s Economics Rules," Economic Issues Journal Articles, Economic Issues, vol. 25(2), pages 51-70, September.
    6. Dorian Jullien & Judith Favereau & Cléo Chassonnery-Zaigouche, 2013. "Rationality and Efficiency: From Experimentation in (recent) Applied Microeconomics to Conceptual Issues," GREDEG Working Papers 2013-21, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    7. Linda Bergset, 2015. "The Rationality and Irrationality of Financing Green Start-Ups," Administrative Sciences, MDPI, vol. 5(4), pages 1-26, November.
    8. Michel De Vroey & Luca Pensieroso, 2016. "The Rise of a Mainstream in Economics," LIDAM Discussion Papers IRES 2016026, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    9. Claudius Gräbner & Birte Strunk, 2020. "Pluralism in economics: its critiques and their lessons," Journal of Economic Methodology, Taylor & Francis Journals, vol. 27(4), pages 311-329, October.
    10. Michele Di Maio, 2013. "Are Mainstream and Heterodox Economists Different? An Empirical Analysis," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(5), pages 1315-1348, November.
    11. Alexandre Truc & Muriel Dal Pont Legrand, 2024. "Agent-Based Models: Impact and Interdisciplinary Influences in Economics," GREDEG Working Papers 2024-19, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    12. Lynne Chester, 2019. "Judging Heterodox Economics: A Response to Hodgson's Criticisms," Economic Thought, World Economics Association, vol. 8(1), pages 1-21, June.
    13. Cedrini, Mario & Fontana, Magda, 2015. "Mainstreaming. Reflections on the Origins and Fate of Mainstream Pluralism," CESMEP Working Papers 201501, University of Turin.
    14. Michel De Vroey & Luca Pensieroso, 2021. "Grounded in Methodology, Certified by Journals: The Rise and Evolution of a Mainstream in Economics," LIDAM Discussion Papers IRES 2021015, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    15. Brooks, Chris & Fenton, Evelyn & Schopohl, Lisa & Walker, James, 2019. "Why does research in finance have so little impact?," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 58(C), pages 24-52.
    16. William A. Jackson, 2018. "Strategic Pluralism and Monism in Heterodox Economics," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(2), pages 237-251, June.
    17. Angela Ambrosino & Magda Fontana & Anna Azzurra Gigante, 2018. "Shifting Boundaries In Economics: The Institutional Cognitive Strand And The Future Of Institutional Economics," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 767-791, July.
    18. D. Wade Hands, 2012. "The Rise and Fall of Walrasian Microeconomics: The Keynesian Effect," Chapters, in: Microfoundations Reconsidered, chapter 3, Edward Elgar Publishing.
    19. Jennifer Gippel, 2015. "The Masters of Finance: Ideas from the field," Australian Journal of Management, Australian School of Business, vol. 40(3), pages 557-561, August.
    20. Yann Giraud, 2017. "The Contestable Marketplace of Ideas: Paul Samuelson’s Defense of Mainstream Economics through Textbook Making, 1967-1976," THEMA Working Papers 2017-19, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.

    More about this item

    Keywords

    Epistemology; qualitative; state of finance;
    All these keywords.

    JEL classification:

    • G00 - Financial Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ausman:v:40:y:2015:i:3:p:538-556. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.agsm.edu.au .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.