Are Finance, Management, and Marketing Autonomous Fields of Scientific Research? An Analysis Based on Journal Citations
Although there is considerable consensus that Finance, Management, and Marketing are ‘science’, some debate remains with regard to whether these three areas comprise autonomous, organized and settled scientific research fields. In this paper we aim to explore this issue by analyzing the occurrence of citations in the top-ranked journals in the areas of Finance, Management, and Marketing. We put forward a modified version of the ‘network cluster’ as proposed by Klamer and Van Dalen (2002) and conclude that Finance is a ‘Relatively autonomous, organized and settled field of research’ whereas Management and (to a larger extent) Marketing are relatively non-autonomous and hybrid fields of research’. Complementary analysis based on sub-discipline rankings using the recursive methodology of Liebowitz and Palmer (1984) confirms the above conclusions.
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- Liebowitz, S J & Palmer, J P, 1984. "Assessing the Relative Impacts of Economic Journals," Journal of Economic Literature, American Economic Association, vol. 22(1), pages 77-88, March.
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- Joseph Macri & Dipendra Sinha, 2006. "Rankings Methodology for International Comparisons of Institutions and Individuals: an Application to Economics in Australia and New Zealand," Journal of Economic Surveys, Wiley Blackwell, vol. 20(1), pages 111-156, 02.
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"Evolutionary economics: In defence of 'vagueness',"
Journal of Economic Methodology,
Taylor & Francis Journals, vol. 11(3), pages 359-376.
- Matthias Klaes, 2004. "Evolutionary economics: In defence of ‘vagueness’," SCEME Working Papers: Advances in Economic Methodology 006/2004, SCEME.
- Robert P. Parks, 2002.
"The Faustian Grip of Academic Publishing,"
- Stigler, George J & Stigler, Stephen M & Friedland, Claire, 1995. "The Journals of Economics," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 331-59, April.
- Hendrik P. Dalen & Kène Henkens, 1999. "How Influential Are Demography Journals?," Population and Development Review, The Population Council, Inc., vol. 25(2), pages 229-251.
- Bush, Winston C & Hamelman, Paul W & Staaf, Robert J, 1974. "A Quality Index for Economic Journals," The Review of Economics and Statistics, MIT Press, vol. 56(1), pages 123-25, February.
- Alexander, John C & Mabry, Rodney H, 1994. " Relative Significance of Journals, Authors, and Articles Cited in Financial Research," Journal of Finance, American Finance Association, vol. 49(2), pages 697-712, June.
- Arjo Klamer & Hendrik P. van Dalen, 2001.
"Attention and the Art of Scientific Publishing,"
Tinbergen Institute Discussion Papers
01-022/1, Tinbergen Institute.
- Pantelis Kalaitzidakis & Theofanis P Mamuneas & Thanasis Stengos, 2001.
"Rankings of Academic Journals and Institutions in Economics,"
Discussion Papers in Economics
01/8, Department of Economics, University of Leicester.
- Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
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