Can Gown Help Town? Exploring the 'Gap' between Accounting Practice and Academia and Providing a Theory for Why it Exists
26 Pages Posted: 20 Jun 2015
Date Written: June 17, 2015
The accounting academy is often criticized for not producing research that is relevant to the work of accounting practitioners. In this paper, we explore this issue by first examining the literature dealing with the relationship between the academics’ perspectives and the practitioners’ perspectives. We then present theoretical arguments as to why a gap might exist. We argue that (a) the individuals who enter the academy differ from those who enter accounting practice, and (b) the socialization processes and the impact of the professional setting (practice or academe) on behaviors further the separation of academic research from practitioner needs. We will conclude the paper with recommendations for further understanding of this issue.
Keywords: Practitioner, academics, interaction, socialization, incentives, tenure, practice development, communication, personality, pathways, education
JEL Classification: I20, I21, I29, M40, M41
Suggested Citation: Suggested Citation