A Behavioral Understanding of Investment Horizon and Firm Performance

    Organization Science, Volume 27, Issue 5, 2016, Pages 1202-1218.

    Cited by: 15|Bibtex|Views2|Links
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    Abstract:

    Observers have argued that firms overly emphasize short-term results at the expense of long-run value. Using a behavioral perspective, we analyze three hypotheses related to this general argument. First, we examine the association of investment time horizons with firm performance, contributing new theory that argues for a quadratic rather...More

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