Influential but Flawed Management Science Paper Cited 6,000+ Times Without Correction
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qsi
Baker's choice. Dense with flavour, light on filler.
Summary
The article discusses a highly influential but fatally flawed academic paper in Management Science that has been cited over 6,000 times and referenced by Wall Street executives, top government officials, and even a former U.S. Vice President. The paper claimed that 'High Sustainability companies significantly outperform their counterparts over the long-term, both in terms of stock market and accounting performance,' but despite being fundamentally flawed, the scholarly community has refused to correct or address the issues, raising concerns about academic integrity and the consequences of influential but incorrect research in business academia.
Key quotes
· 4 pulledThis paper in Management Science has been cited more than 6,000 times. Wall Street executives, top government officials, and even a former U.S. Vice President have all referenced it.
It's fatally flawed, and the scholarly community refuses to do anything about it.
The paper in question claimed to find that 'High Sustainability companies significantly outperform their counterparts over the long-term, both in terms of stock market and accounting performance.'
A fatally flawed but very influential paper in Management Science.
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