Leader's cognitive process and investment decisions: evidence from the U.S.
dc.contributor.author | Guo, Xiaoli | |
dc.contributor.examiningcommittee | Gao, Jijun (Management) | |
dc.contributor.examiningcommittee | Wang, Jun (Accounting & Finance) | |
dc.contributor.supervisor | Wu, Zhenyu | |
dc.date.accessioned | 2024-04-02T20:08:00Z | |
dc.date.available | 2024-04-02T20:08:00Z | |
dc.date.issued | 2024-03-28 | |
dc.date.submitted | 2024-03-28T08:42:23Z | en_US |
dc.degree.discipline | Management | |
dc.degree.level | Master of Science (M.Sc.) | |
dc.description.abstract | This study addresses how a leader's cognitive process affects a firm's strategic decision in investment made by the U.S. publicly listed companies. Findings indicate that when sales are below aspirations, decision-makers are more likely to make investments in fixed assets and innovation only in the long run, but they are less likely to invest in innovation when a firm's accounting profitability is below aspirations. Consistent results are found in robustness tests, and both theoretical and practical implications are discussed. | |
dc.description.note | May 2024 | |
dc.identifier.uri | http://hdl.handle.net/1993/38139 | |
dc.language.iso | eng | |
dc.rights | open access | en_US |
dc.subject | Leadership | |
dc.subject | Cognitive process | |
dc.subject | Investment decisions | |
dc.title | Leader's cognitive process and investment decisions: evidence from the U.S. | |
dc.type | master thesis | en_US |
local.subject.manitoba | no |