Myopia in investment: Seasoned manager’s age and long-term investment distortion

• Main Authors: Muhammad Madyan, -, BAYU INDRA KURNIAWAN, 041112211, NOVIAN ABDI FIRDAUSI, 041411431135
• Format: Article PeerReviewed
• Language: English; Indonesian
• Published: University of Merdeka Malang 2019
• Subjects: H Social Sciences; HG Finance; HG4501-6051 Investment, capital formation, speculation
• Online Access: https://repository.unair.ac.id/114073/2/Moh%20Madyan_Artikel301_Myopia%20in%20investment.pdf; https://repository.unair.ac.id/114073/1/Moh%20Madyan_Peer%20Review301.pdf; https://repository.unair.ac.id/114073/; https://jurnal.unmer.ac.id/index.php/jkdp/article/view/3393; https://doi.org/10.26905/jkdp.v23i4.3393
• Institution: Universitas Airlangga

Myopia in financial terms is included in the discussion of short-termism in investments. This study analyzes the effect of managerial age on investment policies taken by the top-level management with controlled variables consists of investment opportunity, firm size, profitability, leverage, and fir...