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Does institutional short-termism matter with managerial myopia?
16 references·9 citing·48 second hop
Does institutional short-termism matter with managerial myopia? (2014)Does institutional short-termism matter w…Innovation and Institutional Ownership (2013)Innovation and Institutional …Innovation and Institutional Ownership (2010)Innovation and Institutional …R&D Expenditures and CEO Compensation (2004)R&D Expenditures and CEO Comp…THE INFLUENCE OF ACTIVISM BY INSTITUTIONAL INVESTORS ON R&D. (2001)THE INFLUENCE OF ACTIVISM BY …Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and Regulators (2000)Earnings Management: Reconcil…Do institutional investors exacerbate managerial myopia? (2000)Do institutional investors ex…Managerial Incentive Problems: A Dynamic Perspective (1999)Managerial Incentive Problems…The Influence of Institutional Investors on Myopic R&D Investment Behavior (1998)The Influence of Institutiona…THE MARKET FOR CORPORATE CONTROL AND FIRM INNOVATION. (1996)THE MARKET FOR CORPORATE CONT…INSTITUTIONAL INVESTORS AND FIRM INNOVATION: A TEST OF COMPETING HYPOTHESES (1996)INSTITUTIONAL INVESTORS AND F…Capital disadvantage: America's failing capital investment system. (1992)Capital disadvantage: America…Executive incentives and the horizon problem (1991)Executive incentives and the …Equilibrium Short Horizons of Investors and Firms (1990)Equilibrium Short Horizons of…The Market Mechanism as an Incentive Scheme (1983)The Market Mechanism as an In…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The influence of short-term managerial myopia on supply chain concentration: The moderating role of long-term incentives for the supervisory board (2024)The influence of short-term m…Managing for the future: managerial short-termism impact on corporate ESG performance in China (2024)Managing for the future: mana…Institutional investor horizons and stock price crash risk (2024)Institutional investor horizo…Institutional investors and corporate green innovation: Evidence from China (2023)Institutional investors and c…Local peers and firm misconduct: The role of sustainability and competition (2022)Local peers and firm miscondu…Does passive investment have a positive governance effect? Evidence from index funds ownership and corporate innovation (2021)Does passive investment have …Institutional investors, selling pressure and crash risk: Evidence from China (2019)Institutional investors, sell…The sustainable executive: antecedents of managerial long-term orientation (2017)The sustainable executive: an…Managerial incentives and R&D investments: The moderating effect of the directors’ and officers’ liability insurance (2016)Managerial incentives and R&D…Positive Accounting Theory (1985)Outside directors and CEO turnover (1988)Capital markets research in accounting (2001)CEO Characteristics and Firm R&D Spending (2002)The role of information and financial reporting in corporate governance and debt contracting (2010)The Capital Structure Puzzle (1984)Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)Earnings management to avoid earnings decreases and losses (1997)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)Rank-Order Tournaments as Optimum Labor Contracts (1979)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Moral Hazard in Teams (1982)Hierarchies and Bureaucracies: On the Role of Collusion in Organizations (1986)Economic Perspectives on Privatization (1991)Firm Innovation in Emerging Markets: The Role of Finance, Governance, and Competition (2011)Structural equation modeling in practice: A review and recommended two-step approach. 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(2002)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Moral Hazard and Observability (1979)Risk Taking by Mutual Funds as a Response to Incentives (1997)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)Competition and Innovation: An Inverted U Relationship (2008)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Separation of Ownership and Control (1983)A Survey of Corporate Governance (1997)Dynamic capabilities and strategic management (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Earnings management and investor protection: an international comparison (2003)Corporate Governance and Equity Prices (2003)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)A Theory of Friendly Boards (2007)Financial development and innovation: Cross-country evidence (2013)The dark side of analyst coverage: The case of innovation (2013)Does Stock Liquidity Enhance or Impede Firm Innovation? (2014)A Resource-Based Framework for Assessing the Strategic Advantages of Family Firms (1999)Transforming the Balanced Scorecard from Performance Measurement to Strategic Management: Part I (2001)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
  • 1998The Influence of Institutional Investors on Myopic R&D Investment Behavior3,013 cited
  • 2013Innovation and Institutional Ownership1,947 cited
  • 2000Earnings Management: Reconciling the Views of Accounting Academics, Practitioners, and Regulators1,932 cited
  • 1991Executive incentives and the horizon problem1,554 cited
  • 1983The Market Mechanism as an Incentive Scheme1,504 cited
  • 1992Capital disadvantage: America's failing capital investment system.1,148 cited
  • 1996THE MARKET FOR CORPORATE CONTROL AND FIRM INNOVATION.1,117 cited
  • 1996INSTITUTIONAL INVESTORS AND FIRM INNOVATION: A TEST OF COMPETING HYPOTHESES568 cited
  • 2010Innovation and Institutional Ownership553 cited
  • 1990Equilibrium Short Horizons of Investors and Firms541 cited
  • 2001THE INFLUENCE OF ACTIVISM BY INSTITUTIONAL INVESTORS ON R&D.518 cited
  • 2004R&D Expenditures and CEO Compensation479 cited

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2000
Do institutional investors exacerbate managerial myopia?
319 cited

Cited by

  • 2019Institutional investors, selling pressure and crash risk: Evidence from China51 cited
  • 2023Institutional investors and corporate green innovation: Evidence from China34 cited
  • 2024Managing for the future: managerial short-termism impact on corporate ESG performance in China32 cited
  • 2016Managerial incentives and R&D investments: The moderating effect of the directors’ and officers’ liability insurance29 cited
  • 2017The sustainable executive: antecedents of managerial long-term orientation27 cited
  • 2021Does passive investment have a positive governance effect? Evidence from index funds ownership and corporate innovation26 cited
  • 2022Local peers and firm misconduct: The role of sustainability and competition24 cited
  • 2024Institutional investor horizons and stock price crash risk22 cited
  • 2024The influence of short-term managerial myopia on supply chain concentration: The moderating role of long-term incentives for the supervisory board19 cited