The benefits of management short sightedness [new study]

High-level decision-makers within a company often behave in a short-sighted way – with a pronounced lack of concern for what might happen in the future. In other words, they’re managerially myopic. You might think that such behaviour could damage a firm’s performance. And you’d be right. [See, for example, Blockholder Trading, Market Efficiency, and Managerial […]