Cognitive antecedents of family business bias in investment decisions: A commentary on 'Risky decisions and the family firm bias: An experimental study based on prospect theory
Lude and Prügl explored “family business bias,” a cognitive tendency where the family nature of a firm can often reduce investors’ perceived risk in investments. As a result, investors would display lower risk-avoidance in the gain domain and reinforced risk-seeking in the loss domain. We expanded t...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2018
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Online Access: | https://ink.library.smu.edu.sg/sis_research/9367 https://ink.library.smu.edu.sg/context/sis_research/article/10367/viewcontent/fang_et_al_2018_cognitive_antecedents_of_family_business_bias_in_investment_decisions_a_commentary_on_risky_decisions.pdf |
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Institution: | Singapore Management University |
Language: | English |