Managerial Myopia, Financial Expertise, and Executive-Firm Matching
Sign Up to like & getrecommendations! Published in 2017 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2017.02.010
Abstract: Existing literature emphasizes skills-based explanations for executive-firm matching, namely in the context of financial expertise. In contrast, our paper argues that informational concerns may also be relevant. We model a public firm with a project… read more here.
Keywords: managerial myopia; executive firm; firm; financial expertise ... See more keywords
Managerial Myopia and the Mortgage Meltdown
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Financial Economics"
DOI: 10.1016/j.jfineco.2017.03.010
Abstract: Prominent policy makers assert that managerial short-termism was at the root of the subprime mortgage crisis of 2007-2009. Prior scholarly research, however, largely rejects this assertion. Using a more comprehensive measure of CEO incentives for… read more here.
Keywords: managerial myopia; myopia mortgage; short termism; mortgage meltdown ... See more keywords
Exploitation or Exploration? Managerial Myopia, Economic Policy Uncertainty and Ambidextrous Innovation Investment
Sign Up to like & getrecommendations! Published in 2023 at "Sustainability"
DOI: 10.3390/su15097173
Abstract: In today’s increasingly competitive international environment, original technology innovation has become essential for enhancing enterprises’ sustainability. As key innovation needs constant exploration rather than growing leaps and bounds, it is often ignored by managers who… read more here.
Keywords: managerial myopia; ambidextrous innovation; innovation; innovation investment ... See more keywords