Finance:Business and management research

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Business and management research is a systematic inquiry that helps to solve business problems and contributes to management knowledge. It Is an applied research.

Four factors (Easterby-Smith, 2008) combine to make business and management a distinctive focus for research :

  • Transdiscipline approach
  • Information access is difficult since managers see information as competitive advantage on the market
  • Managers are educated and want some information produced by the classical research method
  • Finding must resolve practical management problems

Managers often need information of high quality to help them to make the right decision.

Research process

  • Define and clarifying a research topic
  • Literature review on this subject
  • Research Philosophies
  • Formulate research design
  • Ethics and access to information
  • Defining a sample
  • Using Secondary data
  • Collecting primary data through observations, questionnaires and interview
  • Analysing data
  • Draw conclusions from data analysis
  • Basic research
  • Applied Research

Magazines & Unions

See also


  • Saunders, M.N.K., Lewis, P., Thornhill, A. (2012) Research Methods for Business Students (6th edition), Harlow, England: Pearson Education, Inc. ISBN:0-273-75075-5
  • Ghauri, P., & Grønhaug, K. (2002), Research Methods in Business Studies : A Practical Guide (2nd edition), London: FT Prentice Hall Europe. ISBN:0-273-65110-2
  • Easterby-Smith, M., Thorpe, R., Jackson, P.R. (2008) Management Research (3rd edition). London: Sage. [Chapter 1 explains what is management research.]
  • Casse, C., & Lee, B. (eds) (2011) Challenges and Controversies in Management Research. New York, NY: Routledge.

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