We present here a paradigm for assessing second-order measurement models. Our
approach is hierarchical in nature. We discuss the need for higher-order models from a …

We study the determinants for the choice of capital budgeting methods and the setting of
hurdle rates (WACCs) in five Nordic countries. Combining survey data with a rich set of …

Based on the related literature in economics, organizational sociology and the sociology of
finance, this article constructs a novel conceptual explanation for corporate short-termism …

In this paper we analyze the results from a survey among all publicly listed Nordic firms on
their dividend payout policy. The results show that 72% of the Nordic companies have a …

Purpose The purpose of this paper is to explain how managers incorporate long-term
thinking in their decision-making processes as an antipode to a widely criticized managerial …

We have examined whether institutional ownership and family control in Malaysia are linked
to capital spending. Using panel data from 220 listed companies in Malaysia, we showed …

Many studies have established that listed family firms differ from both, their non-family
counterparts as well as from private family firms. However, there is a lack of research that …

We analyze the determinants of performance in small unlisted family firms and find, in line
with previous studies, a positive effect associated with a family CEO. We contribute by …

Short‐termism has been identified as a characteristic of individuals, companies, stock
markets, governance structures and policies, and has been linked to inadequate saving for …

Purpose The purpose of this paper is to study the effects of lean in a longitudinal context.
Lean is currently experiencing its second coming. In spite of this, the current body of …