PofoliaShared via Pofolia

Academy of Management Journal· 2012Q1

Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives

James J. Chrisman, Pankaj C. Patel

Short summary

Family firms exhibit greater variability in R&D investments than nonfamily firms, particularly when performance falls below aspiration levels, at which point their investments increase and become less variable.

AI-generated from the title and abstract; the full text is not read.

TakeawaysIn the app
Key pointsIn the app
Ask the paperIn the app

The rest is in the Pofolia app

Takeaways, key points and questions to the paper; new summaries every day for your field. Free.

Sign in on the web to open

Field: Organizational Behavior and Human Resource Management

Organizational Behavior and Human Resource ManagementBusiness, Management and Accounting