A Financial Practitioner's View of Professional Finance Associations
从金融从业者角度,讨论专业金融协会(如金融管理协会)的价值,指出学术界与实务界长期存在分歧,并评估FMA在促进沟通方面的成就与不足。
* The tenth anniversary of the founding of the Financial Management Association seems a particularly appropriate occasion discuss the relevance and value of professional associations the financial practitioner's work. First, the discipline has long been marked by a rather wide divergence in viewpoint and interest between the academician and the practitioner. Perhaps the term has been used in a too-encompassing fashion; it appears at times embrace both the most sophisticated explorations into managerial economics and also the elementary to aspects of household budgeting. Attempts narrow the field through the use of the term business finance have met with only limited acceptance and have caused some new ambiguities as well. In any event, is not a discipline in which the scholar and manager have traditionally stood very close side by side. Other disciplines, such as accounting and marketing, seem have achieved a much more complementary relationship between the two functions, and in other professions such as law, medicine, and architecture, the duality of interest, and interdependence of the researcher/teacher and the practitioner, appear form an indispensable bond between them. In such circumstances, the value of professional organizations the practitioner seems hardly worth serious questioning. But in the financial discipline, as noted, a different and perhaps more troublesome exclusivity of interest has prevailed. The FMA the birthday child was established with a specific objective of building a better communication link between the academician and the manager. Therefore it seems appropriate for this paper despite the rather broad dimensions of its title give special attention how well this objective has been met. In this regard, the past decade has produced many commendable accomplishments. Yet there is still important work be done realize FMA's goals, and this paper offers some suggestions that end.