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

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  • 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
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    References listed on IDEAS

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    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. 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.
    4. McGoun, Elton G., 2003. "Finance models as metaphors," International Review of Financial Analysis, Elsevier, vol. 12(4), pages 421-433.
    5. 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.
    6. 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.
    7. 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.
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    Citations

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    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.

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    More about this item

    Keywords

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

    JEL classification:

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

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