2014
DOI: 10.2308/acch-50703
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Lessons Not Learned: Why is There Still a Crisis-Level Shortage of Accounting Ph.D.s?

Abstract: SYNOPSIS: In 2005, an ad hoc committee appointed by the American Accounting Association (AAA) documented a crisis-level shortage of accounting Ph.D.s and recommended significant structural changes to doctoral programs (Kachelmeier, Madeo, Plumlee, Pratt, and Krull 2005). However, subsequent studies show that the shortage continues and the cumulative costs grow (e.g., Fogarty and Holder 2012; Brink, Glasscock, and Wier 2012). The Association to Advance Collegiate Schools of Business (AACSB) recen… Show more

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Cited by 42 publications
(26 citation statements)
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“…Currently, there is both a well documented shortage of doctorally qualified accounting faculty (Association to Advance Collegiate Schools of Business (AACSB) International, 2003;Leslie, 2008;Pathways Commission, 2012;Plumlee and Reckers, 2014;Plumlee, Kachelmeier, Madeo, Pratt, & Krull, 2006) and a growing call for accounting research and teaching to become more industry relevant (Pathways Commission, 2012). The shortage of doctorally qualified accounting faculty, in combination with the desire to make accounting education more relevant to practice, suggests great benefit from increasing the number of practicing accountants choosing to pursue doctoral degrees and/or attracting practicing accountants into non-doctoral academic careers.…”
Section: Introductionmentioning
confidence: 97%
See 1 more Smart Citation
“…Currently, there is both a well documented shortage of doctorally qualified accounting faculty (Association to Advance Collegiate Schools of Business (AACSB) International, 2003;Leslie, 2008;Pathways Commission, 2012;Plumlee and Reckers, 2014;Plumlee, Kachelmeier, Madeo, Pratt, & Krull, 2006) and a growing call for accounting research and teaching to become more industry relevant (Pathways Commission, 2012). The shortage of doctorally qualified accounting faculty, in combination with the desire to make accounting education more relevant to practice, suggests great benefit from increasing the number of practicing accountants choosing to pursue doctoral degrees and/or attracting practicing accountants into non-doctoral academic careers.…”
Section: Introductionmentioning
confidence: 97%
“…In addition to the focus on AACSB accreditation issues, it is important to note that the accounting doctorate shortage affects smaller, non-AACSB accredited institutions most severely (Plumlee & Reckers, 2014), and the need for the practice relevance expressed by the Pathways Commission is important to all institutions of higher learning, regardless of accreditation status. Thus, the issues related to PO faculty and practice relevance are not simply AACSB accreditation related; rather, these issues are relevant to institutions across the spectrum.…”
Section: Introductionmentioning
confidence: 99%
“…While the policies that may (or may not) exist within academic institutions would apply across all disciplines, faculty within the business disciplines may find the existence of such family-friendly policies to have more significance. Many of the business disciplines, such as accounting and finance, are facing extreme shortages in available terminally-qualified candidates (Plumlee & Reckers, 2014). Several measures are being developed to attract and retain faculty (Boyle, Carpenter, & Hermanson, 2014;Hunt & Jones, 2015;Fish, Becker, & Miller, 2017).…”
Section: Background and Previous Researchmentioning
confidence: 99%
“…Mennicken, 2008). However the problem of the "lessons not learned" (Plumlee et al, 2014) is still inherent. One of the main issues is seen in misunderstanding of the basic terms and principles by the global accounting network actors due to the cultural, linguistic and educational traditions.…”
Section: Introductionmentioning
confidence: 99%