Publications
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  • May 2011
  • Article
  • Harvard Business Review

The Hollow Science

By: Robert S. Kaplan
  • Format:Print
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Abstract

The financial meltdown made clear that the executives of many major financial institutions were operating with inadequate or distorted information about the values and risks of their firms' assets. It's fair to say that business scholars bear some responsibility for that. Most of them are neither studying nor teaching emerging best practices in asset valuation and risk management. They need to begin exploring the interior of leading-edge companies to provide detailed, qualitative case studies.

Keywords

Accounting; Financial Crisis; Financial Management; Information; Knowledge Acquisition; Risk Management; Practice

Citation

Kaplan, Robert S. "The Hollow Science." Harvard Business Review 89, no. 5 (May 2011).

About The Author

Robert S. Kaplan

Accounting and Management
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