Thoughts on the Divide between Theoretical and Empirical Research in Accounting

This paper is adapted from a panel session at the 2015 Junior Accounting Theory Conference where Professors Chen, Gerakos, and Glode were invited to serve as panelists and Professor Taylor was invited to serve as the moderator. Professor Taylor's remarks draw heavily on the material in Bertomeu, Beyer, and Taylor (2016). We thank the Conference organizers for inviting us to serve on the panel, the conference participants for comments and encouragement to formalize our remarks, and the editors for providing the opportunity to combine our remarks into this paper.

Editor's note: Accepted by Richard A. Lambert.