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How bad can short termism be?—A study of the consequences of high hurdle discount rates and low payback thresholds
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 1971Optimum consumption and portfolio rules in a continuous-time model5,966 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 1983Advanced Management Accounting916 cited
  • 1939PRICE THEORY AND BUSINESS BEHAVIOUR858 cited
  • 1996Optimal Investment with Costly Reversibility615 cited
  • 1992Waiting to Invest: Investment and Uncertainty516 cited
  • 2013The Art of Smooth Pasting423 cited
  • 1986E pluribus computum407 cited
  • 1982Managing as if Tomorrow Mattered371 cited
  • 1978SURVEY AND ANALYSIS OF CAPITAL BUDGETING METHODS282 cited
  • 2000The Theory‐Practice Gap in Capital Budgeting: Evidence from the United Kingdom273 cited
  • 1995A CEO Survey of U.S. Companies' Time Horizons and Hurdle Rates258 cited
  • 1995Bridging the theory-practice gap in corporate finance: A survey of chief financial officers246 cited
  • 1996A LONGITUDINAL SURVEY ON CAPITAL BUDGETING PRACTICES242 cited
  • 1995Uses, Abuses, and Alternatives to the Net-Present-Value Rule239 cited

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