CEO career horizon, corporate governance, and real options: The role of economic short-termism
CEO career horizon, corporate governance, and real options: The role of economic short-termism
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Chichester, UK: John Wiley & Sons Ltd
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English
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Chichester, UK: John Wiley & Sons Ltd
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Research summary: Combining studies on real options theory and economic short-termism, we propose that, depending on CEOs' career horizons, CEOs have heterogeneous interests in strategic flexibility, and thus, have different incentives to make real options investments. We argue that compared to CEOs with longer career horizons, CEOs with shorter ca...
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Full title
CEO career horizon, corporate governance, and real options: The role of economic short-termism
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TN_cdi_proquest_journals_2108114238
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2108114238
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ISSN
0143-2095
E-ISSN
1097-0266
DOI
10.1002/smj.2929
