Financial microeconometrics as research methodology in corporate finance and accounting

This paper presents the main issues of financial microeconometrics. This field can be considered as a part of financial econometrics, while usually not exposed as such. Typical domains of the methodology of financial microeconometrics include research in empirical corporate finance and applied accounting. This survey-like paper argues that financial microeconometrics research shall be also rooted in wider fields like corporate law, management and finance. Various types of research in financial microeconometrics as well as several methodological issues are examined. A major emphasis is placed on questions of endogeneity, sample selection and treatment effects. Observations on financial microeconometrics literature both in Poland and worldwide are also included.