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- W2085388220 abstract "Shareholder myopia may not necessarily lead to managerial myopia. To the extent that managerial myopia is a problem for some firms, the reasons for this must be sought elsewhere. While institutional ownership has a positive effect on capital expenditures, it appears to have a negative effect on R&D expenditures and no effect on advertising expenditures. The results in this paper also call into question the viewpoint that faults the short-term orientation of financial markets as contributing to long-term competitiveness problems of economies." @default.
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- W2085388220 title "Does shareholder myopia lead to managerial myopia? A first look" @default.
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