Managers’ Incorporation of the Value of Real Options into Their Long‐Term Investment Decisions: An Experimental Investigation*
2011; Wiley; Volume: 29; Issue: 2 Linguagem: Inglês
10.1111/j.1911-3846.2011.01116.x
ISSN1911-3846
AutoresChristine A. Denison, Anne M. Farrell, Kevin Jackson,
Tópico(s)Corporate Finance and Governance
ResumoContemporary Accounting ResearchVolume 29, Issue 2 p. 590-620 Managers' Incorporation of the Value of Real Options into Their Long-Term Investment Decisions: An Experimental Investigation* CHRISTINE A. DENISON, CHRISTINE A. DENISON Iowa State UniversitySearch for more papers by this authorANNE M. FARRELL, ANNE M. FARRELL Miami UniversitySearch for more papers by this authorKEVIN E. JACKSON, KEVIN E. JACKSON Miami UniversitySearch for more papers by this author CHRISTINE A. DENISON, CHRISTINE A. DENISON Iowa State UniversitySearch for more papers by this authorANNE M. FARRELL, ANNE M. FARRELL Miami UniversitySearch for more papers by this authorKEVIN E. JACKSON, KEVIN E. JACKSON Miami UniversitySearch for more papers by this author First published: 25 June 2011 https://doi.org/10.1111/j.1911-3846.2011.01116.xCitations: 17 † Accepted by Alan Webb. This research benefited from: invaluable feedback provided by Alan Webb and two anonymous reviewers; Alexander Brüggen, Clara Chen, Weihwa Chua, Brooke Elliott, Ling Harris, Gary Hecht, Ken Koga, Justin Leiby, Laura Li, Joan Luft, Drew Newman, Karen Sedatole, Mike Shields, Jae Shin, Hun Tong Tan, Bill Tayler, Kristy Towry, and Brian White; workshop participants at Emory, Georgia State, Iowa State, and Michigan State Universities and Nanyang Business School; and participants at the 2009 Accounting, Behavior and Organizations Section and 2010 Management Accounting Section Conferences and the 2010 Global Management Accounting Research Symposium. The authors are also grateful for assistance in preparing for and administering the experiment sessions. 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