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Browsing School of Hotel Administration by Author "Sampson, Rachelle"
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Are US Firms Becoming More Short-Term Oriented? Evidence of Shifting Firm Time Horizons from Implied Discount Rates, 1980-2013
Shi, Yuan; Sampson, Rachelle (2020-09-17)Whether US firms have become more short-term oriented remains an active debate among managers, investors, researchers, and policymakers. In this study, we report that investors have been increasingly discounting the ...