The Masters of Finance: Ideas from the Field

Posted: 18 Sep 2015

See all articles by Jennifer Kathleen Gippel

Jennifer Kathleen Gippel

Australian National University (ANU); Financial Research Network (FIRN)

Date Written: August 1, 2015


This comment illustrates how direct empirical study, that is, field observation and participation by academics, contributed to the understanding of practice and the early development of modern finance theory. The discussion is supported by publicly available narrative accounts from the American Finance Association historical interviews with the ‘Masters of Finance’ (2004-2010). We argue that academic finance, in the early years of the field’s development, was very closely connected to practice, that is, ideas and theories were generated and tested in the field.

Keywords: Development of finance, field research, qualitative

Suggested Citation

Gippel, Jennifer Kathleen, The Masters of Finance: Ideas from the Field (August 1, 2015). Australian Journal of Management, Vol. 40, No. 3, 2015, Available at SSRN:

Jennifer Kathleen Gippel (Contact Author)

Australian National University (ANU) ( email )

Canberra, Australian Capital Territory 2601

Financial Research Network (FIRN)

C/- University of Queensland Business School
St Lucia, 4071 Brisbane


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