In my humble opinion, the demand for accounting PhDs is
artificially created by AACSB and us the accounting faculty to keep the
salaries high. Being a practice field, there should no reason why for
most courses except for PhD pnce (it is questionable if most of them are
accounting at all) a CPA is not adequate. At least the way accounting
is taught presently.
As department chair I found it unconscionable that we paid more to accounting ABDs than what we paid senior faculty with stellar research records and prestigious awards (such as Guggenheim, Mcarthur genius,...). I hope one of these days some one calls our bluff. I can not accept that it is the "market", for the so-called market is a fake, a figment of our imagination created for our own aggrandizement.
As department chair I found it unconscionable that we paid more to accounting ABDs than what we paid senior faculty with stellar research records and prestigious awards (such as Guggenheim, Mcarthur genius,...). I hope one of these days some one calls our bluff. I can not accept that it is the "market", for the so-called market is a fake, a figment of our imagination created for our own aggrandizement.
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