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Integrating Practice into Accounting Research

Shiva Rajgopal ()
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Shiva Rajgopal: Accounting and Auditing, Columbia Business School, New York, New York 10027

Management Science, 2021, vol. 67, issue 9, 5430-5454

Abstract: I argue that academic research in accounting has strayed from producing work that is useful to either practitioners or policy makers. I use three criteria to arrive at that assessment: (i) How many products and processes have accounting research produced in the last 50 years? (ii) How much overlap do we observe between issues that Chief Financial Officers (CFOs) and Chief Executive Officers (CEOs) worry about and our published research? (iii) Is the science or the knowhow in academe in a particular area ahead of that in practice? I conjecture that tuition-funded research drives this problem. I review several initiatives that have been tried at Columbia and elsewhere (i) to better integrate academic research and practice and (ii) to disseminate our findings to practitioners. I suggest that Management Science set up a forum to encourage submissions of papers that use rigorous methods to address pressing applied problems.

Keywords: research relevance; tuition; dean; teaching; research dissemination; research translation; knowledge transfer; practitioner; research impact; PhD programs (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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