The Effect of Managerial Interpretations of Aspiration Discrepancies on Production Asset Growth

Managerial interpretations of performance-aspiration discrepancies, i.e. causal attributions by managers to explain performance that deviates from aspiration levels, have a crucial role in directing attention, constraining search and driving strategic investment decisions. Hence, understanding organizational responses to performance-aspiration discrepancies requires investigating managerial attributions of causality. We examine this question...