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The Purpose of a Finance Professor

Author

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  • Edmans, Alex

Abstract

The academic finance profession has the potential to be uniquely purposeful due to four characteristics – the freedom to take risks and work on what we’re passionate about, the loyalty to our profession rather than just our institution, the collaborative nature of the creation and dissemination of knowledge, and the magnitude of our potential impact. However, what the profession currently values, and its current social norms, are significant barriers to the fulfilment of this potential. This article highlights the special features of our profession that we often take for granted and ignore, and proposes ideas to make it not only more impactful and relevant, but also more collegial and fun.

Suggested Citation

  • Edmans, Alex, 2021. "The Purpose of a Finance Professor," CEPR Discussion Papers 16845, C.E.P.R. Discussion Papers.
    • Handle: RePEc:cpr:ceprdp:16845
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    Cited by:

    1. is not listed on IDEAS
    2. Duncan, Keith & Gepp, Adrian & Craig, Justin & O'Neill, Helen, 2023. "Research ideas matter: Guidance for research students and early career researchers," Pacific-Basin Finance Journal, Elsevier, vol. 82(C).
    3. Alex Edmans, 2023. "The end of ESG," Financial Management, Financial Management Association International, vol. 52(1), pages 3-17, March.

    More about this item

    Keywords

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    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • G00 - Financial Economics - - General - - - General

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