The impact of academic research in finance (impact ratio)

Daniel Broby

Research output: Chapter in Book/Report/Conference proceedingChapter

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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 paper 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
Title of host publicationGlobal Tensions in Financial Markets
Subtitle of host publicationVolume 34
Place of PublicationBingley
PublisherEmerald Publishing Limited
Number of pages12
ISBN (Print)9781787148406
Publication statusPublished - 19 Mar 2018

Publication series

NameResearch in Finance
ISSN (Print)0196-3821


  • finance research
  • research impact
  • capital markets
  • finance
  • market efficiency
  • public policy
  • knowledge economy


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