An Empirical Investigation Of Managers Perceptions Of Published Financial Research

Abstract

In recent years a number of noted academicians have commented upon the divergence between financial theory and practice. This study analyzes the responses of chief financial officers to a survey questionnaire concerning the current state of published financial research. The results of the survey suggest that practitioners believe that academic journals are too long, overly quantitative and less readable than a selected group of professional journals. The paper also discusses the need to close the gap between the academic and professional communities.