Article: RECOGNIZING THE ROLE OF THE FINANCIAL COMMUNITY IN STRATEGY FORMULATION: JUST HOW INTERDISCIPLINARY IS STRATEGIC MANAGEMENT EDUCATION?

ABSTRACT

The multi-disciplinary nature of strategic management is irrefutably recognized by both practitioners and scholars. The fields of strategic management and finance both recognize and explain the firm's actions in the context of value maximizing behavior. Given the close association between the two disciplines, this paper investigates whether those of us who write texts and/or teach courses in strategic management are sufficiently recognizing the contributions of the financial community in the strategy formulation process. Our review of five popular texts suggests that neither the role of the financial community nor their perspectives are being adequately incorporated in the teaching ...

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