IDEAS home Printed from https://ideas.repec.org/p/vuw/vuwcrt/375306.html
   My bibliography  Save this paper

Corporate investment: is the long-term view always best?

Author

Listed:
  • Glenn Boyle
  • Graeme Guthrie

Abstract

Why do firms continue to use investment-decisions criteria that are apparently biased against long-term projects? Is this simply a reflection of ongoing corporate myopia, or does it represent an intuitive response to the underlying costs and benefits of long-term projects? Glenn Boyle and Graeme Guthrie explain how seemingly myopic criteria can in fact approximate optimal decisions.

Suggested Citation

  • Glenn Boyle & Graeme Guthrie, 2005. "Corporate investment: is the long-term view always best?," Competition & Regulation Times 375306, New Zealand Institute for the Study of Competition and Regulation.
    • Handle: RePEc:vuw:vuwcrt:375306
    as

    Download full text from publisher

    File URL: https://ojs.victoria.ac.nz/crt/article/view/3753
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    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:vuw:vuwcrt:375306. 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: Library Technology Services (email available below). General contact details of provider: https://edirc.repec.org/data/fcvuwnz.html .

    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.