IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v74y2025ics1544612325000807.html
   My bibliography  Save this article

The impact of managerial myopia on corporate resilience: From the perspectives of resistance and recovery

Author

Listed:
  • Zhang, Taiyu
  • Ren, Xiaohang
  • Chen, Songsheng

Abstract

This paper illustrates the association between managerial myopia and corporate resilience in China, focusing on two dimensions: resistance and recovery. The results demonstrate that managerial myopia could negatively affect corporate ability to withstand shocks and recover from losses. Notably, family financial pressure can cause managers to prioritize short-term gains, which can further exacerbate the negative impact on corporate resilience. Furthermore, digital transformation can help mitigate the detrimental effects, while overconfidence intensifies these negative consequences. In conclusion, companies can effectively navigate the intricacies of the corporate finance landscape and foster long-term resilience, thus reinforcing their ability to withstand unpredictable shocks.

Suggested Citation

  • Zhang, Taiyu & Ren, Xiaohang & Chen, Songsheng, 2025. "The impact of managerial myopia on corporate resilience: From the perspectives of resistance and recovery," Finance Research Letters, Elsevier, vol. 74(C).
  • Handle: RePEc:eee:finlet:v:74:y:2025:i:c:s1544612325000807
    DOI: 10.1016/j.frl.2025.106815
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325000807
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.frl.2025.106815?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:74:y:2025:i:c:s1544612325000807. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.