TITLE

Late in the Game: How Does a Short Time Horizon Impact CEO Decision Making?

AUTHOR(S)
Martin, John A.; Davis, Kevin J.
PUB. DATE
August 2010
SOURCE
Academy of Management Perspectives;Aug2010, Vol. 24 Issue 3, p105
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article reports on a study which investigated the decision making time frames of chief executive officers (CEOs). The study, "CEO decision horizon and firm performance: An empirical investigation," by Murah Antia, Christos Pantzalis, and Jung Chul Park, was published in the "Journal of Corporate Finance." It found that CEOs with longer decision-making horizons were associated with increased stock valuations, while those with short-term horizons tended to maximize short-term gains, which often resulted in subsequent financial statement corrections.
ACCESSION #
52842958

 

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