The impact of academic research in finance (impact ratio)

Research output: Contribution to journalArticle

Abstract

Academic institutions are under increasing pressure to show that their research output has impact. As this concept is easier to quantify in science-based disciplines, this chapter reviews how one interprets what “impact” is in finance. It suggests how best to incorporate it into academic research through the use of a simple to understand impact ratio. It provides an overview of the leading academic publications and their role in this process. It asks how impact within finance is understood, appreciated and subject to critique. It concludes that academics should demonstrate how they can facilitate the development of capital markets through evidence-based policy and enhancing capital market efficiency.
Original languageEnglish
JournalGlobal Tensions in Financial Markets
Volume34
DOIs
Publication statusPublished - 19 Mar 2018

Keywords

  • Impact
  • Finance
  • Capital markets
  • Market efficiency
  • Research
  • Information
  • Public policy
  • Knowledge economy
  • G00

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