Gekko and black swans: Finance theory in UK undergraduate curricula
| Autor: | Geeta Lakshmi |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Finance
Information Systems and Management Sociology and Political Science business.industry 05 social sciences 050201 accounting Accounting education Black swan theory Undergraduate curriculum ComputerApplications_MISCELLANEOUS Accounting 0502 economics and business Financial crisis Sustainability ComputingMilieux_COMPUTERSANDEDUCATION Economics business Curriculum 050203 business & management |
| Zdroj: | Critical Perspectives on Accounting. 52:35-47 |
| ISSN: | 1045-2354 |
| DOI: | 10.1016/j.cpa.2016.01.004 |
| Popis: | Despite the current financial crisis, accounting and finance programmes in UK have remained popular. Finance undergraduate teaching in accounting degrees is a significant component of the degree and relies heavily on Modern Finance Theory (MFT). Some of the developments in the finance curricula are critically examined. It is argued that current finance education should become more reflective and more heterodox in approach as the current curricula is biased towards techniques based on neoclassical theory. Suggestions are given for improvement of the curricula which will allow the narrow assumptions of neoclassical theory to be widened. These involve students taking into account not only the structures and patterns of finance but also the processes which are created by human experiences as part of their interactions as well as what helps to make these processes sustainable. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect