One Step Forward, Two Steps Back: How Negative External Evaluations Can Shorten Organizational Time Horizons
Abstract
Researchers have endeavored to explain the causes of short organizational time horizons because of the organizational and societal costs of corporate short-termism. These explanations, however, tend to confound cognitive with behavioral explanations, which masks the importance of cognitive biases. We address this oversight by situating our work in prospect theory and organizational search, which underscores the importance of external evaluations...
Paper Details
Title
One Step Forward, Two Steps Back: How Negative External Evaluations Can Shorten Organizational Time Horizons
Published Date
Jul 1, 2019
Journal
Volume
30
Issue
4
Pages
761 - 780
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